India shows relatively high trust in tax system, global survey finds

A caller survey by planetary accountancy and argumentation organisations has recovered that India enjoys comparatively precocious levels of nationalist spot successful its taxation system.

Entitled Public Trust successful Tax 2025: Asia and Beyond, the survey was conducted by the Association of Chartered Certified Accountants (ACCA), the International Federation of Accountants (IFAC), Chartered Accountants Australia and New Zealand, and the OECD.

It is based connected responses from much than 12,000 radical crossed 29 countries, with astir of the respondents based successful Asia.

In India, adjacent to 45% of respondents said taxation revenues are spent for the nationalist good, according to an Asian News International (ANI) report.

Around 41% responded that they respect paying taxes arsenic a publication to their assemblage alternatively than simply a fiscal burden.

The survey besides recovered beardown stated absorption to taxation evasion.

Around 68% of Indian respondents said they would ne'er warrant cheating connected taxes, adjacent if the accidental existed.

Views connected the usage of taxation to enactment sustainability were besides reported. Approximately 80% of respondents successful India said they would beryllium consenting to wage further taxes if the funds were utilized to enactment sustainable improvement initiatives.

Across Asia, the survey indicates that respondents were much apt to see taxation systems just and transparent than those successful Europe and Latin America.

It besides notes that integer taxation services were astir often identified arsenic the effectual portion of taxation administration, and that clearer connection from taxation authorities is linked with higher trust.

ACCA India manager Md Sajid Khan was quoted by ANI as saying: “The willingness of Indian respondents to lend much done taxes to enactment sustainable improvement besides reflects a increasing alignment betwixt fiscal argumentation and semipermanent societal goals.

“Globally, these findings reenforce that spot successful taxation systems is built erstwhile citizens spot wide outcomes, equity and accountability successful however revenues are used.”

The study was discussed astatine the IFAC Connect ASIAPAC 2025 lawsuit successful Jakarta and is scheduled to beryllium formally launched astatine a planetary webinar adjacent month.

"India shows comparatively precocious spot successful taxation system, planetary survey finds" was primitively created and published by The Accountant, a GlobalData owned brand.

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