what is TAX..........

Some one Help me on TAX..........

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