Do you know the kinds of taxes you pay in India ?


Just know the answers to the following questions & you will come to know all about them.

1. Question : What are you doing ?
      Answer : Business.
      Tax : PAY PROFESSIONAL TAX

2. Question : What are you doing in Business ?
      Answer : Selling the Goods.
      Tax : PAY SALES TAX

3. Question : From where are you getting goods ?
      Answer : From other state/abroad.
      Tax : PAY CENTRAL SALES TAX & CUSTOM DUTY.

4. Question : What are you getting in selling Goods ?
      Answer : Profit.
      Tax : PAY INCOME TAX.

5. Question : Where are you manufacturing the goods ?
      Answer : Factory.
      Tax : PAY EXCISE DUTY.

6. Question : Do you have office / warehouse / factory ?
      Answer : Yes.
      Tax : PAY MUNICIPAL & FIRE TAX.

7. Question : Do you have staff ?
      Answer : Yes.
      Tax : PAY STAFF PROFESSIONAL TAX.

8. Question : Doing business in Millions ?
      Answer : Yes.
      Tax : PAY TURNOVER TAX.

9. Question : Are you taking out more cash from bank ?
      Answer : Yes, for salary.
      Tax : PAY CASH HANDLING TAX.

10. Question : Where are you taking your client for Lunch & Dinner ?
      Answer : Hotel.
      Tax : PAY FOOD & ENTERTAINMENT TAX.

11. Question : Are you going out of station for business ?
      Answer : Yes.
      Tax : PAY FRINGE BENEFIT TAX.

12. Question : Have you taken or given any srvice/s ?
      Answer : Yes.
      Tax : PAY SERVICE TAX.

13. Question : How come you got such a big amount ?
      Answer : Gift on Birthday.
       Tax : PAY GIFT TAX.

14. Question : Do you have any wealth ?
      Answer : Yes.
      Tax : PAY WEALTH TAX.

15. Question : To reduce tension, for entertainment, where are you going ?
      Answer : Cinema or Resort.
      Tax : PAY ENTERTAINMENT TAX.

16. Question : Have you purchased house ?
   Answer : Yes.
   Tax : PAY STAMP DUTY & REGISTRATION FEE.

17. Question : How do you travel ?
      Answer : By Bus.
      Tax : PAY SURCHARGE.

18. Question : Any additional tax ?
      Answer : Yes.
      Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'S TAX.


19. Question : Delayed anytime paying any tax ?
      Answer : Yes.
      Tax : PAY INTEREST & PENALTY.




 
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