0020 : The Tax Structure in India and Petrol Price.
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 Office / Warehouse/ Factory? Ans. : Yes Tax : PAY MUNICIPAL & FIRE TAX 8) Qus. : Do you have Staff? Ans. : Yes Tax : PAY STAFF PROFESSIONAL TAX 9) Qus. : Doing business in Millions? Ans. : Yes Tax : PAY TURNOVER TAX Ans : No Tax : Then pay Minimum Alternate Tax 10) Qus. : Are you taking out over 25,000 Cash from Bank? Ans. : Yes, for Salary. Tax : PAY CASH HANDLING TAX 11) Qus.: Where are you taking your client for Lunch & Dinner? Ans. : Hotel Tax : PAY FOOD & ENTERTAINMENT TAX 12) Qus.: Are you going Out of Station for Business? Ans. : Yes Tax : PAY FRINGE BENEFIT TAX 13) Qus.: Have you taken or given any Service/s? Ans. : Yes Tax : PAY SERVICE TAX 14) Qus.: How come you got such a Big Amount? Ans. : Gift on birthday. Tax : PAY GIFT TAX 15) Qus.: Do you have any Wealth? Ans. : Yes Tax : PAY WEALTH TAX 16) Qus.: To reduce Tension, for entertainment, where are you going? Ans. : Cinema or Resort. Tax : PAY ENTERTAINMENT TAX 17) Qus.: Have you purchased House? Ans. : Yes Tax : PAY STAMP DUTY & REGISTRATION FEE 18) Qus.: How you Travel? Ans. : Bus Tax : PAY SURCHARGE 19) Qus.: Any Additional Tax? Ans. : Yes Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!! 20) Qus.: Delayed any time Paying Any Tax? Ans. : Yes Tax : PAY INTEREST & PENALTY
21) INDIAN :: Can I die now?? Ans :: No, wait we are about to launch the FUNERAL TAX
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Petrol Price in INDIA
Pakistan Rs. 26
Bangladesh Rs. 22
Cuba Rs.19
Nepal Rs. 34
Burma Rs. 30
Afghanistan Rs. 36
INDIA Rs. 53
BASIC COST PER 1 LITRE 16.50
Centre tax 11.80%
Excise duty 9.75%
Vate ces 4%
State tax 8 %
Total Rs. 50.05
Now extra 3 Rs
, PER 1 LITRE
Great job from govt. …
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