TAX STRUCTURE IN INDIA 1) What r u doing? Ans. : Business Tax :pAY PROFESSIONAL TAX! 2) What r u doing in Business? Ans.

: Selling the Goods. Tax : PAY SALES TAX!! 3) From where r u getting Goods? Ans. : From other State/Abroad Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI! 4) What r u getting in Selling Goods? Ans. : Profit Tax : PAY INCOME TAX! How do you distribute profit ? Ans : By way of dividend Tax : Pay dividend distribution Tax 5) Where u Manufacturing the Goods? Ans. : Factory Tax : PAY EXCISE DUTY! 6) Do u have Office / Warehouse/ Factory? Ans. : Yes Tax : PAY MUNICIPAL & FIRE TAX! 7) Do you have Staff? Ans. : Yes Tax : PAY STAFF PROFESSIONAL TAX! 8) Doing business in Millions? Ans. : Yes Tax : PAY TURNOVER TAX! Ans : No Tax : Then pay Minimum Alternate Tax

9) r u taking out over 25,000 Cashfrom Bank? Ans. : Yes, for Salary. Tax : PAY CASH HANDLING TAX! 10) Where r u taking your client forLunch & Dinner? Ans. : Hotel Tax : PAY FOOD & ENTERTAINMENT TAX! 11) r u going Out of Station for Business? Ans. : Yes Tax : PAY FRINGE BENEFIT TAX! 12) Hav u taken or given any Service/s? Ans. : Yes Tax : PAY SERVICE TAX! 13) How come u got such a Big Amount? Ans. : Gift on birthday Tax : PAY GIFT TAX! 14) Do u have any Wealth? Ans. : Yes Tax : PAY WEALTH TAX! 15) To reduce Tension, for entertainment, where are you going? Ans. : Cinema or Resort Tax : PAY ENTERTAINMENT TAX! 16) Hav u purchased House? Ans. : Yes Tax : PAY STAMP DUTY & REGISTRATION FEE ! 17) How u Travel? Ans. : Bus Tax : PAY SURCHARGE! 18) Any Additional Tax?

Ans. : Yes Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!! 19) Delayed any time Paying Any Tax? Ans. : Yes Tax : PAY INTEREST & PENALTY! 20) INDIAN :: can i die now?? Ans :: wait we are about to launchthe funeral tax!! :