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- Category: Miscellaneous
- #579476You have dealt on a very relevant topic. Tax is never paid by anyone willingly or happily. The intention to avoid tax is more when the tax amount is more.
Even the most sincere, law abiding and honest person feels betrayed when he experiences that he does not get what he deserves even after obeying and complying, but the defaulters and violators get all the benefits. Those who do not pay a single paisa as tax also get huge benefits from government one way o other.
What is needed is to make everyone aware that tax is a participation contribution in nation building and public benefit. Tax should be kept very low. Compliance should be made and defaulters should be punished exemplary.
In the present political set up, all this is utopia only. We will have more Mallyas who fly as Kingfishers and get the best from everywhere.
Let us keep faith on ourselves and work sincerely, not leave everything to fate.
- #579482In most of the traditional businesses, the new entrants fail as they don't know the trade secrets which are primarily the malpractices of the business concerned. Tax evasion is one such malpractice. Other common types of malpractices are under measurement and adulteration or sale of spurious goods.
However, the shopkeepers do so on popular demand with the connivance of their customers. In a developing economy, many people don't find it necessary to pay the taxes with a view to further reduce the net cost of the product.
A large chunk of taxes collected by the Government is spent on social welfare measures for financing pro-poor schemes and for funding subsidies. The average middle-class customers find themselves poorer enough to not to get motivated to contribute toward philanthropic activities of the Government.
However, it is a primary duty of the citizens to pay taxes but it appears to be easier said than done.
Let us encourage each other in sharing knowledge.