0020 : The Tax Structure In India And Petrol Price.
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0020 : The Tax Structure in India and Petrol Price.

TATA STEEL INDIA

 

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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