Thursday, June 3, 2010

LIFE IS TRULY " TAXING "

 

What are you doing ?

Business..... Pay Professional Tax !

 

What are you doing in business ?

Selling the Goods....... Pay Sales Tax !

 

From where are you getting Goods ?

From other State/Abroad.......Pay Central Sales Tax,Custom Duty & Octroi !

 

What are you getting in selling Goods ?

Profit.....Pay Income Tax !

 

How do you distribute profit ?

By the way of Dividend.....Pay Dividend Distribution Tax !

 

Where are you manufacturing the Goods ?

Factory....Pay Excise Duty !

 

Do you have Office/Warehouse/Factory ?

Yes....Pay Municipal & Fire Tax !

 

Dyou have Staff ?

Yes....Pay Staff Professional Tax !

 

Doing business in millions ?

Yes....Pay Turnover Tax !

 

Are you taking out over 25,000 cash from Bank ?

Yes, for Salary......Pay Cash Handling Tax !

 

Where are you taking your client for Lunch & Dinner ?

Hotel.....Pay Food and Entertainment Tax !

 

Are you going Out of Station for Business ?

Yes...Pay Fringe Benefit Tax !

 

Have you taken or given any Service/s ?

Yes....Pay Service Tax !

 

How come you got such a big amount ?

Gift on birthday.......Pay Gift Tax !

 

Do you have any Wealth ?

Yes...Pay Wealth Tax !

 

To reuce Tension,where are you going for entertainment ?

Cinema or Resort..... Pay Entertainment Tax !

 

Have you purchased a house ?

Yes.....Pay Stamp Duty & Registration Fee !

 

How do you Travel ?

Bus.....Pay Surcharge !

 

Any Additional Tax ?

Yes....Pay Educational. Additional Educational & Surcharge on all the Central Govt's Tax !

 

Have you delayed paying Taxes anytime ?

Yes.....Pay Interest & Penalty !

 

No Taxes to be paid ?

No.....Then Pay Minimum Alternate Tax !

 

Can i Die Now ?

No.....Wait we are about to launch the Funeral Tax !!!!

 

 

 

 

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