English, asked by Anitapurohit, 1 year ago

Duty towards nation pay your taxes.

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Answered by kazi88

Answer:

didnt understood what ur telling

Explanation:

sorry but ask it again with queston

Answered by pruthviraj1212

Explanation:

NEW DELHI: Pay tax not just to relax, as the Income Tax department says, but also to contribute to nation building as part of our soon-to-be fundamental duty.

The finance ministry plans to propose that paying tax be made a fundamental duty, hoping the move will increase compliance in a country where less than 3% pay tax. A cabinet note could be moved soon.

"There are various fundamental duties laid down for citizens in the constitution...We are looking at including paying taxes the list in the same way," a finance ministry official told ET.

India's tax-to-GDP ratio, already one of the lowest among its peers, fell to 10.1% in 2011-12 from a high of 11.9% in 2007-08. This is largely blamed on the low tax base perforated by multiple tax exemptions.

Tax experts say this is a symbolic gesture aimed at increasing awareness about why paying taxes is necessary, like so many other fundamental duties.

"If it can improve enforcement, then it's a worthwhile exercise," said M Govinda Rao, a leading fiscal policy expert and director National Institute of Public Finance and Policy, sounding a bit circumspect.

Ten fundamental duties were originally included in the constitution through the 42nd amendment, 1976. Subsequently, the 86th Constitution Amendment Act, 2002, added one more-it made it a duty of every parent to provide education opportunities to his child.

Fundamental duties are more in the nature of moral obligations of citizens to help promote a spirit of patriotism and to uphold the unity of India. They cannot be enforced legally.

'Fundamental duties are not a legal obligation, but there is a social responsibility with them. There is no legal remedy available but law-abiding citizens will abide with them,'' said Sunil Jain, partner, Jyoti Sagar & Assosiates.

The finance ministry is now proposing an amendment to make paying taxes for nation building, hoping to build on its earlier initiative to increase awareness about taxes by including a relevant chapter in school curriculum.

The national council of educational research and training, or NCERT, has introduced a wide variety of topics, including history of taxation, rationale for taxes, how the government raises revenues and spends as part of the curriculum taught to the children between 10-18 age group.

"Fundamental duties also have their relevance," the official said.

The country has 33.73 million income taxpayers, according to the information provided by the government to Parliament, which means that less than 3% of the population pays taxes. Tax experts say tax compliance is predominantly a function of rate of tax, probability of detection and penalty rates, and only effective enforcement can address the rampant tax evasion in the country.

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Duty towards nation pay your taxes. ​

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Duty towards nation pay your taxes.