Creating taxes is a politician’s way to gain income from the work of others to be spent as a politician sees fit. When politicians meet you can be sure that they will create a new way to tax the pubic and business. You can never have too many taxes because there is so much money that government wants to spend. :)
>TAX STRUCTURE IN INDIA
>
>
>1) Qus. : What are you doing?
>Ans.: Business.
>Tax: PAY PROFESSIONAL TAX!
>
>2) Qus. : What are you doing in Business?
>Ans.: Selling the Goods.
>Tax: PAY SALES TAX!!
>
>3) Qus. : From where are you getting Goods?
>Ans.: From other State/Abroad
>Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!
>
>4) Qus. : What are you getting in Selling Goods?
>Ans.: Profit.
>Tax: PAY INCOME TAX!
>
>5) Qus. : Where you Manufacturing the Goods?
>Ans.: Factory.
>Tax: PAY EXCISE DUTY!
>
>6) Qus. : Do you have Office / Warehouse/ Factory?
>Ans.: Yes
>Tax: PAY MUNICIPAL & FIRE TAX!
>
>7) Qus. : Do you have Staff?
>Ans.: Yes
>Tax: PAY STAFF PROFESSIONAL TAX!
>
>8) Qus. : Doing business in Millions?
>Ans.: Yes
>Tax: PAY TURNOVER TAX!
>
>9) Qus. : Are you taking out over 25,000 Cash from Bank?
>Ans.: Yes, for Salary.
>Tax: PAY CASH HANDLING TAX!
>
>10) Qus. : Where are you taking your client for Lunch & Dinner?
>Ans.: Hotel
>Tax: PAY FOOD & ENTERTAINMENT TAX!
>
>11) Qus. : Are you going Out of Station for Business?
>Ans.: Yes
>Tax: PAY FRINGE BENEFIT TAX!
>
>12) Qus. : Have you taken or given any Service/s?
>Ans.: Yes
>Tax : PAY SERVICE TAX!
>
>13) Qus. : How come you got such a Big Amount?
>Ans.: Gift on birthday.
>Tax: PAY GIFT TAX!
>
>14) Qus. : Do you have any Wealth?
>Ans.: Yes
>Tax: PAY WEALTH TAX!
>
>15) Qus. : To reduce Tension, for entertainment, where are you going?
>Ans.: Cinema or Resort.
>Tax: PAY ENTERTAINMENT TAX!
>
>16) Qus. : Have you purchased House?
>Ans.: Yes
>Tax : PAY STAMP DUTY & REGISTRATION FEE !
>
>17) Qus. : How you Travel?
>Ans.: Bus
>Tax: PAY SURCHARGE!
>
>18) Qus. : Any Additional Tax?
>Ans.: Yes
>Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
>
>19) Qus. : Delayed any time Paying Any Tax?
>Ans.: Yes
>Tax: PAY INTEREST & PENALTY
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