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THINK TWICE BEFORE ……..
By
Ashwani Agarwal
MBA(IT), IIIT-Allahabad
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.
: Where you Manufacturing the Goods?
Ans.:
Factory.
Tax: PAY
EXCISE DUTY!
6) Qus.
: Do you have Office / Warehouse/ Factory?
Ans.:
Yes
Tax: PAY
MUNICIPAL & FIRE TAX!
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!
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) Qus.:
Something left anything extra? (FRUSTATED)
Ans.:
Yes
Tax: VALUE ADDED TAX (VAT)
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