Thursday, March 3, 2011

TAX...... TAX......... TAX............ What a Great job from Govt. !

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.: How do you distribute profit ?

Ans : By way of dividend

Tax : PAY DIVIDEND DISTRIBUTION TAX

6) Qus.: Where you Manufacturing the Goods?

Ans.: Factory.

Tax : PAY EXCISE DUTY

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 ?

Ans : No

Tax : Then pay Minimum Alternate 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

20) INDIAN : Can I die now??

Ans : No, wait we are about to launch the FUNERAL TAX

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2) Petrol Price in INDIA

INDIA Rs. 63.40

Pakistan Rs. 26

Bangladesh Rs. 22

Cuba Rs. 19

Nepal Rs. 34

Burma Rs. 30

Afghanistan Rs. 36

3) BASIC COST PER 1 LITRE 16.50

Centre tax 11.80%

Excise duty 9.75%

Vat cess 4%

State tax 8 %

Total Rs. 50.05

Now extra 13.35 Rs, PER 1 LITRE

What a Great job from Govt. of India …!!!

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