Economy

WATCH THIS: 'Pay Your Taxes In Time - Help Nation Building, Help The Forces' Is The Income Tax Department's Mumbai Rally's Clear And Simple Message

Written By Monica Aggarwal | Mumbai | Published:

In order to create awareness among taxpayers to pay their Advance Tax on time, a mass rally was organised by the office of the Joint Commissioner of Income Tax as part of an outreach programme on Saturday in Mumbai's Dombivali area. The rally was jointly organized along with the students and teachers of Model College and Model School, Dombivali, in which around 300 students participated and spoke to businessmen and residents of the area to pay the fourth instalment of Advance Tax on time, before March 15. 

Speaking to Republic about the rally, Joint Commissioner of Income Tax, Rajesh Menon stated that the taxes which the common man pay to the government are for the betterment of the nation. He also spoke about the situation at the border, adding that the taxes that the people pay help and support the defence forces with better equipment and infrastructure. 

"The purpose of this rally is to sensitise people on the importance of paying taxes. For any nation to be strong, as our department says 'revenue is the backbone of any nation', so without revenue, any nation cannot progress. Today, we have a problem going on at the border and to support the border, these people have come together to gather revenue for the nation. Students, teachers and the Principal are very enthusiastic. My message to common people is to pay your taxes on time," he said. 

READ: Ease Of Tax Filing | "All I-T Returns To Be Processed In 24 Hours, Refunds Issued Simultaneously" Announces Piyush Goyal In Budget 2019 Speech

During the rally, the students and teachers of the school along with officials of the IT department urged the citizens to pay taxes to support the defence forces of the country.

"The timely payment of taxes will definitely help our defence forces with better equipment and infrastructure." 

This Outreach Programme is first of its kind initiative organized by the IT Department in Mumbai.

Earlier, Infosys founder NR Narayana Murthy also urged the industry to pay more taxes such that the armed forces are provided with better ammunition. 

"Our industry should work hard to make ourselves stronger & pay more taxes so that our soldiers have better ammunition, better salaries, nutrition & they can take care of their families better," he said.

Furthermore, as per Finance Minister Arun Jaitley, India's tax base has almost doubled since 2014. In a blog in November 2018, Arun Jaitley stated that direct tax collections saw an increase of 18% in the year 2017-18.

READ: Tax Proposals Aimed At Helping People Living On Tight Budget: Piyush Goyal

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