Question

What are the responsibilities of business towards government?​

Answer 1

Answer:

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• Observation of Rules and Regulation: The organization are required to follow the rules and regulations laid by the government in proper manner.
• Observation of Rules and Regulation: The organization are required to follow the rules and regulations laid by the government in proper manner.Payment of Taxes: The business organizations must pay taxes and duties regularly to the government such as sales tax, income tax, octroi duty, custom duty, VAT, etc.

Answer 2

Answer:

the responsibilities of business toward government are:

1) to pay tax honestly and regularly.

2) to support the government to improve the quality of life.

3) to follow the rules, regulations and laws of the country

4) to avoid monopolostic and unfair trade practices.

5) to provide important business information and advice to the government whenever required.