New Delhi, Jan 6 (.) Asia is leading the world in confidence concerning the fairness of taxes, while India had relatively strong tax morale and trust in fiscal administration, said a combined survey performed by ACCA, IFAC, Chartered Accountants Australia and New Zealand and OECD.
The ‘Public Trust Tax in 2025: Asia and Beyond’ survey covered more than 12,000 respondents across twenty-nine countries.
It presented stark findings that about 45 per cent of respondents in India feel that the revenues collected as taxes are spent for the public good, a reasonable indication of the widespread perception that taxation makes a positive contribution to society.
The report stated that about 41 per cent of citizens in India consider paying taxes not as a burden, but rather a civic contribution. It is a sign of an ingrained ethical attitude toward compliance.
About 68 per cent of Indian respondents said that they would never consider justifying cheating on taxes even if the opportunity arose, underpinning the power of voluntary compliance within the fiscal culture of the country, it said.
This combined survey also noted that Indians are willing to support broader societal objectives through taxation: approximately 80 per cent indicated a willingness to pay more taxes to fund sustainable development and long-term social progress.
The optimism also pointed towards the initiatives of the government portend and increase public confidence in taxation as a tool for equity and accountability.
Shedding light on throughout asian region, the survey noted that digital tax services and clarity of communication were identified as major elements in increasing trust in the taxation system.
. SAS PRP