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Top Reasons for Indian Citizens to Pay Tax

Sep 16, 2019 | 10 months ago | Read Time: 3 minutes | By iKnowledge Team
Top Reasons for Indian Citizens to Pay Tax

Every year, when it is time for filing your tax returns, do you sulk on why your hard-earned money is going to the Government? If yes, you are not alone. Thousands of Indians think on these lines, and this is the reason why most of them don’t pay their taxes. However, it is important to understand that by paying your taxes regularly, you are doing a great help to your motherland. Here are some of the top reasons why you need to pay taxes.

  1. The Government needs to run smoothly

The Government is a huge organisation that manages many departments. There are hundreds of thousands of employees in each of these departments. The overhead expenses of these departments (which include the salary of the employees, electricity bills and other utility bills) run into thousands of rupees. The taxes that you pay, help the government to run these departments smoothly.

  1. Huge help for the underprivileged

Today, we all feel happy when our Government announces attractive schemes like free medical centres for the rural areas and free education for the schools in the remote villages. How does the Government get money to build these schools and hospitals? It is from the taxes we pay. Hence, we all must become socially responsible right away and pay our taxes on time always because when we do that, someone, somewhere is benefitted indirectly. As a citizen of this country, the least we can do is to help those who are not as lucky as us.

  1. Serve those who serve us

Every day, many soldiers lose their lives while guarding the borders of our country. They sacrifice their lives so that we can live a peaceful life with our family. There are many schemes that the Government runs for those in the Army, Defence, Navy, and people working in the police force and fire-fighting departments. These service personnel and their families are taken care of well with the money that we pay as taxes. Whatever we do cannot match the huge sacrifice that they do for us; still, isn’t it our basic responsibility to contribute what we rightfully owe to our nation for their welfare?

  1. Overall infrastructure development

Most of us think that tax payment is a financial burden. If you also think on those lines, you are mistaken. It is important for you to understand that paying taxes is not something that you may do if you please; it should be a process that you must do every year if you are a responsible citizen. This is because the taxes that you pay play a vital role in the infrastructure development of not only in your city but in your country as well.

Every year, there are flyover bridges constructed in many cities to avoid traffic congestions. Jogger parks and recreation facilities are constructed to make the people happy. These are constructed out of the taxes you pay. The Government is not eating into your money; instead, it is taking your money and giving you many facilities, in return, so that you can enjoy and appreciate the importance of taxes.

Thanks to technology, most of the Government services are getting automated to provide you with a better experience, when dealing with them. The Government needs money to run these services without any major glitches and the taxes that you pay help for the same.

The Government also encourages you to save unnecessary taxes by announcing a list of tax-deductions every year. You can choose tax-saving instruments, accordingly, after going through these deductions.

Let us all bid goodbye to our thought that paying taxes is a waste or a huge financial burden on us. Instead, let us all take an oath to make our country on par with some of the developed nations in the world, by paying taxes on time and contributing to its overall infrastructural growth. To know about Aegon Life’s life insurance products like term insurance and other products, visit our home page.


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