As a citizen of a country, you must follow some certain duties. We choose a government so that they can make us follow the right rules and make a path to the country’s betterment. They help us to maintain the security, piece with keeping the constitutional law in our mind. In those different types of responsibilities most vital one is paying tax on time. The government must do different types of work for the improvement of the country. To execute those works they need funds. It will be generated from those taxes which we are paying. The tax which we are paying is called public revenue. Following different types of laws (financial and cooperative), the government collects the funds. Tax champions are the main person who can help if anyone is going through the financial crisis and unable to pay the taxes on time.
Mottoes Of Paying Taxes On Time
The main motto is to generate revenue to increase the fund for the improvement of the country. The other various reasons are –
- No citizen of the country should encourage trade, which is imported so that the government can invest in the industries.
- Increase the production and distribution of national goods.
- Increase the fund for the welfare of different societies of the nation.
- To help the masses’ basic needs and education who belongs to the below poverty level.
Concerns Of Paying Taxes On Time
- The government collects the revenue in the form of VAT, Excise duty, Custom Duty, land revenue and most importantly income tax. It will primarily start the development and improvement program of the nation.
- When corruption increases in a country, it gets economically unstable. But if we pay the taxes on the time it will help the nation to create an economic balance.
- Improving the agriculture field and production of national goods will help to increase the export trade.
- Maintaining the defense forces (Air, Army & Navy) is a very difficult job. They are doing their national duty. So, the government needs a huge fund to take care of them.
Paying taxes is a national duty for us. There are different types of slabs of paying the income tax. Tax champions are the right person to consult about the income tax department. They are so experienced and expert in this case that they can even give suggestions and opinion if anyone is facing problems regarding the tax payment issues. So, give tax on time so that the government can generate revenues and can work for the betterment of the state and the country.