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Friday, October 16, 2009

Tax Structure

Q.: What are you doing?
A.: Business.
Tax: PAY PROFESSIONAL TAX!

Q.: What are you doing in Business?
A.: Selling the Goods.
Tax: PAY SALES TAX!!

Q.: From where are you getting Goods?
A.: From other State/Abroad
Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!



Q.: What are you getting in Selling Goods?
A.: Profit.
Tax: PAY INCOME TAX!

Q.: Where you Manufacturing the Goods?
A.: Factory.
Tax: PAY EXCISE DUTY!

Q.: Do you have Office / Warehouse/ Factory?
A.: Yes
Tax: PAY MUNICIPAL & FIRE TAX!

Q.: Do you have Staff?
A.: Yes
Tax: PAY STAFF PROFESSIONAL TAX!

Q.: Doing business in Millions?
A.: Yes
Tax: PAY TURNOVER TAX!

Q.: Are you taking out over 25,000 Cash from Bank?
A.: Yes, for Salary.
Tax: PAY CASH HANDLING TAX!

Q.: Where are you taking your client for Lunch & Dinner?
A.: Hotel
Tax: PAY FOOD & ENTERTAINMENT TAX!

Q.: Are you going Out of Station for Business?
A.: Yes
Tax: PAY FRINGE BENEFIT TAX!

Q.: Have you taken or given any Service/s?
A.: Yes
Tax : PAY SERVICE TAX!

Q.: How come you got such a Big Amount?
A.: Gift on birthday.
Tax: PAY GIFT TAX!

Q.: Do you have any Wealth?
A.: Yes
Tax: PAY WEALTH TAX!

Q.: To reduce Tension, for entertainment, where are you going?
A.: Cinema or Resort.
Tax: PAY ENTERTAINMENT TAX!

Q.: Have you purchased House?
A.: Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE !

Q.: How you Travel?
A.: Bus
Tax: PAY SURCHARGE!

Q.: Any Additional Tax?
A.: Yes
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL &  SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!

Q.: Delayed any time Paying Any Tax?
A.: Yes
Tax: PAY INTEREST & PENALTY

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