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Tax structure in India
Message
From
31/10/2007 07:04:55
Walter Meester
HoogkarspelNetherlands
 
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01264982
Message ID:
01265294
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12
>Just about the same here. How about:

Well, that is not suprising. The british have set up the tax system in india :)
Anyways, it is about how things work up here as well.

Walter,



>Buy petrol, on which you pay duty. the duty goes up and you still have to pay VAT on top of that - same for cigarettes and booze.
>
>>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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