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 no...