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TAX STRUCTURE IN INDIA… TAX STRUCTURE IN INDIA… TAX PAYER GOVERNMENT.

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Presentation on theme: "TAX STRUCTURE IN INDIA… TAX STRUCTURE IN INDIA… TAX PAYER GOVERNMENT."— Presentation transcript:

1 TAX STRUCTURE IN INDIA… TAX STRUCTURE IN INDIA… TAX PAYER GOVERNMENT

2 What are you doing? Business Business PAY P PP PROFESSIONAL TAX!

3 What are you doing in Business? Selling the Goods Selling the Goods PAY S SS SALES TAX

4 From where are you getting Goods? From where are you getting Goods? From other State/Abroad From other State/Abroad PAY C CC CENTRAL SALES TAX, CUSTOM DUTY & OCTROI !

5 W hat are you getting in Selling Goods? W hat are you getting in Selling Goods? Profit Profit PAY I II INCOME TAX

6 How do you distribute profit? How do you distribute profit? By way of dividend By way of dividend Pay d dd dividend distribution Tax

7 Where you Manufacturing the Goods? Factory Factory PAY E EE EXCISE DUTY!

8 Do you have Office / Warehouse/ Factory? Yes Yes PAY M MM MUNICIPAL & FIRE TAX!

9 Do you have Staff? Yes Yes PAY S SS STAFF PROFESSIONAL TAX!

10 Doing business in Millions? Yes Yes PAY T TT TURNOVER TAX! No No Then pa y Minimum A AA Alternate Tax

11 Are you taking out over 25,000 Cash from Bank? Yes, for Salary Yes, for Salary PAY C CC CASH HANDLING TAX!

12 Where are you taking your client for Lunch & Dinner? Hotel Hotel PAY F FF FOOD & ENTERTAINMENT TAX!

13 Are you going Out of Station for Business? Yes Yes PAY F FF FRINGE BENEFIT TAX!

14 Have you taken or given any Services? Yes Yes PAY S SS SERVICE TAX!

15 How come you got such a Big Amount? Gift on birthday Gift on birthday PAY G GG GIFT TAX!

16 Do you have any Wealth? Yes Yes PAY W WW WEALTH TAX!

17 To reduce Tension, for entertainment, where are you going? Cinema or Resort Cinema or Resort PAY E EE ENTERTAINMENT TAX!

18 Have you purchased House? Yes Yes PAY S SS STAMP DUTY & REGISTRATION FEE!

19 How you Travel? Bus Bus PAY S SS SURCHARGE

20 Any Additional Tax? Yes Yes PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT's TAX !!!

21 Delayed any time paying Any Tax? Yes Yes PAY I II INTEREST & PENALTY!

22 INDIAN: can I die now? wait wait we are about to launch the funeral tax!!!


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