Indian Tax System

Tax Structure in India funny But True.

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

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


Question 3 : From where are you getting Goods?
Ans. : From other State/Abroad
Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI

Question 4 : What are you getting in Selling Goods?
Ans. : Profit.
Tax : PAY INCOME TAX!

Question 5: How do you distribute profit ?
Ans : By way of dividend
Tax : PAY DIVIDEND DISTRIBUTION TAX

Question 6 : Where you Manufacturing the Goods?
Ans. : Factory...
Tax : PAY EXCISE DUTY!

Question 7 : Do you have Office / Warehouse / Factory?
Ans. : Yes
Tax : PAY MUNICIPAL & FIRE TAX!

Question 8 : Do you have Staff?
Ans. : Yes
Tax : PAY STAFF PROFESSIONAL TAX!

Question 9 : Doing business in Millions?
Ans. : Yes -- Tax : PAY TURNOVER TAX!
Ans : No -- Tax : Then pay Minimum Alternate Tax

Question 10 : Are you taking out over 25,000 Cash from Bank?
Ans. : Yes, for Salary.
Tax : PAY CASH HANDLING TAX!

Question 11 : Where are you taking your client for Lunch & Dinner?
Ans. : Hotel
Tax : PAY FOOD & ENTERTAINMENT TAX

Question 12 : Are you going Out of Station for Business?
Ans. : Yes
Tax : PAY FRINGE BENEFIT TAX

Question 13 : Have you taken or given any Services?
Ans. : Yes
Tax : PAY SERVICE TAX

Question 14 : How come you got such a Big Amount?
Ans. : Gift on birthday.
Tax : PAY GIFT TAX

Question 15.: Do you have any Wealth?
Ans. : Yes
Tax : PAY WEALTH TAX

Question 16 : To reduce Tension, for entertainment, where are you going?
Ans. : Cinema or Resort.
Tax : PAY ENTERTAINMENT TAX

Question 17 : Have you purchased House?
Ans. : Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE

Question 18 : How you Travel?
Ans. : Bus
Tax : PAY SURCHARGE

Question 19.: Any Additional Tax?
Ans. : Yes
Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX

Question 20: Delayed any time Paying Any Tax?
Ans. : Yes
Tax : PAY INTEREST & PENALTY

21) INDIAN : Can I die now??
Ans : Wait, we are about to have the funeral tax! in future.

Delhi Bomb Blasts

delhi bomb blasts


3O people got killed, and more than 200 peole got injured in yesterday's blast.Every sane human being condemned this act of terrorism throughout the globe.Indian politicians as usual termed it as"an cowardly act", and appealed for patience and social harmony..But what about the common innocent people who got killed in these serial blasts.....What about their family members and their near and dear ones!!! This was the fourth serial blast this year after jaipur,Bangalore and ahmedabad..Indian Mujahidin claimed resonsibility for all the four blasts..

"In the name of Allah, Indian Mujahideen strikes back once more. ... Do whatever you can. Stop us if you can," said the message.The Indian Mujahideen was unknown before May, when it claimed responsibility for a series of bombings in the western city of Jaipur that killed 61 people. The group also said it was responsible for July blasts in the western state of Gujarat that killed at least 45...

The main purpose of the blasts apart from killing innocent civilians is to install fear in the minds of common Indians and create a deep rift between the Hindus and Muslims of India.............Majority of Indians irrespective of their caste,creed,colour and religion are law abiding and peace loving people.eye for an eye will eventually make everyone blind..

The big question however remains"what is our government doing to prevent these type of incidents?"...This was not the first blast nor the last, looking at the statistics, there will be a bomb blast again within next few months and again precious human lives lost...be prepared to listen to that standard reply from politicians,"This is a cowardly act and we condemn this act of voilence"...and life will move on as usual...for most of us...but for some who have lost their near and dear ones, life will never be same........never....

Is it blast for our secularism. Do we need such secularistic life... ...