Friday, July 15, 2016

Take the #TaxPledge Now

Have you heard about the #TaxPledge challenge by H&R Block? Watch this video now:

Are you asking yourself why you need to pay taxes?

Here are the answers to your question:

1. Be a responsible citizen:

Being a citizen of our country ot holding a PAN card or Aadhar card in our name doesn't make us an Indian but we have a duty towards our country. We need to think that by not declaring our income, we are running away from our responsibility which we have towards our country. As much as our country has given us, we also need to payback and this can only be done by being a responsible citizen and paying our taxes on time.

2. Get benefits:

By paying taxes we are ourselves benefitting. If you are thinking that by paying taxes it's only the Government that gets funds and benefit, you are wrong. It's we also who benefit from it. If you want to apply for loans, your tax statement shows your credibility of paying the loan back. If you need to apply for a visa, your financial documents need to be submitted and hence this is when your tax credibility counts. These all factors matter at each step in life and we have to declare our income to get benefited from it.

3. Country issues are our issues:

We often complain about roads being unclean and especially during the rainy seasons when potholes make it so difficult for us to travel and walk on the streets. Also, poverty in our country is the most spoken issues here. The same goes for unemployment and we need getting services that other countries get. This is because many people avoid paying taxes and don't declare their income. These all issues can be reduced if we pay our taxes and this money can then be used by the Government who can fund educational insitutions, repair roads, help the poor by providing them with water and food facilities and so on.

Do you know that the last of filing income tax return is 30th September for those who have to comply with Tax Audit requirements? Be responsible! Pay your taxes in time!

I’m taking the #TaxPledge to file IT returns with the easy Income Tax efiling option from H&R Block at BlogAdda.

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