Essay on Duty towards nation -Pay your taxes in 900 to1000
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Duty towards nation -Pay your taxes
Everyone wants facilities, better life conditions, advanced infrastructure, and general prosperity; however no one is genuinely interested to work to create them. This arduous role of creating these facilities, better life conditions, advanced infrastructure, and general prosperity and development requires lots of funds and capital which no individual can provide or afford. The Government shoulders this responsibility. And the tool that the Government uses to collect and amass this whopping amount of funds and capital, is the tool of income tax.
Funds and capital are not evenly divided among the people of a country. Some have abundant funds; some have moderate funds; some have meager funds, and some have almost no funds. The Government itself has no funds or capital; it generates funds and capital from taxes. Income tax is the most potent and effective medium to collect these funds from people according to their capability and affordability to pay the tax. The Government levies higher income tax on those who earn more. People who earn moderately, moderate income tax is levied on them and people who earn very little, no income tax is levied on them.
Though people generally pay their income tax quite unwillingly, they fail to see that the revenues collected from income tax are directly spent on the national projects of development. It may be laying new roads or railways in the country’s less developed areas, states or provinces; it may be buying new defense equipment for the safety of the country; it may be setting up new heavy industry units; it may be providing subsidized fertilizers or LPG cylinders to the poor people of the country; it may be sending new rockets and satellites into the space; it may be constructing new hydel, solar, nuclear, or thermal power generation units across the country; all projects of national development are run and financed by this revenue collected from income tax.
Besides, contributing to national development and security, income tax creates equality among the citizens of the country. It is a wonderful tool. And we must pay our income tax honestly for the prosperity of our nation.
Similar answer can be read here: https://brainly.in/question/11272082
Explanation:
Answer:
As a loyal citizen of any country, it is your responsibility to "abide by the laws" as set by the government authorities. This includes paying the taxes, as part of observing the laws of the country. Paying taxes is part of our responsibilities as citizens as it is "one way of developing" the country. The money collected from tax payment are used in the diverse projects that are essential to the country as well as its citizens.