Friday 17 January 2020

When someone says MY TAX MY RULES !!!!

People are under the impression that only income tax is the sole identifier for claiming rightful ownership to get tagged as "TAX PAYER".

When I refuel my vehicle I am paying tax when I register a property, when I buy medicine, when I dine at a hotel, When I watch a cinema in theaters. The only place where I don't pay tax is when I use public toilet, health and crematorium services.



I often hear people saying that they don't want their tax to used for incentivizing the poor. These are the people who will be ready to spend lakhs for building of statues, donate costly ornaments to decorate the idols, loot the people by collecting tax from them but hide it for themselves.

Tax isn't an investment to expect gains. It is a social responsibility of funding the social causes conceived by the proponents. We never know which part of our tax will be used to build that college or hospital. We never know who among the beneficiary would turn out into an APJ Abdul Kalam and secure that prominent place for our country. 



Lately our government is planning to honor highest tax payers by providing with benefits enjoyed by the diplomats. These initiatives are laughable as amount of tax payed doesn't translate into special affiliation to the collecting organization. Funding is just a part but the activity done using that defines its value.


 

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