Thursday, 18 Jun 2026
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • White
  • ScienceAlert
  • VIDEO
  • man
  • Trumps
  • Season
  • star
  • Years
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > India shows relatively high trust in tax system, global survey finds
Economy

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

Last updated: January 6, 2026 7:00 am
Share
India shows relatively high trust in tax system, global survey finds
SHARE

India’s High Levels of Public Trust in Tax System Revealed in Global Survey

A recent survey conducted by prominent global accountancy and policy organizations has shed light on the public trust levels in India’s tax system. The survey, titled “Public Trust in Tax 2025: Asia and Beyond,” was a collaborative effort by the Association of Chartered Certified Accountants (ACCA), the International Federation of Accountants (IFAC), Chartered Accountants Australia and New Zealand, and the OECD.

With responses from over 12,000 individuals across 29 countries, predominantly in Asia, the survey highlighted India’s positive perception of its tax system. According to an Asian News International (ANI) report, nearly 45% of Indian respondents believe that tax revenues are utilized for the public good. Additionally, 41% view paying taxes as a contribution to their community rather than a mere financial burden.

The survey also uncovered a strong aversion to tax evasion among Indian participants. An impressive 68% stated that they would never justify cheating on taxes, even if given the opportunity. Furthermore, approximately 80% expressed willingness to pay additional taxes if the funds were allocated towards supporting sustainable development initiatives.

Comparing sentiments across Asia, the survey revealed that respondents in the region were more likely to perceive tax systems as fair and transparent compared to Europe and Latin America. It also highlighted the effectiveness of digital tax services in tax administration and emphasized the importance of clear communication from tax authorities in building trust.

Md Sajid Khan, director of ACCA India, emphasized the alignment between fiscal policy and societal goals, noting that Indian respondents’ willingness to contribute more through taxes for sustainable development reflects this growing alignment. He added that trust in tax systems is reinforced globally when citizens observe clear outcomes, equity, and accountability in revenue utilization.

See also  A $4.8 Million Reason to Buy AeroVironment Stock Today

The survey findings were discussed at the IFAC Connect ASIAPAC 2025 event in Jakarta and are set to be officially launched at a global webinar in the coming month.

The original article, “India shows relatively high trust in tax system, global survey finds,” was first published by The Accountant, a brand owned by GlobalData.

Disclaimer: The information provided is for general informational purposes only and should not be relied upon as advice. It is recommended to seek professional or specialist guidance before making any decisions based on the content.

TAGGED:findsglobalHighIndiaShowsSurveySystemtaxtrust
Share This Article
Twitter Email Copy Link Print
Previous Article Oops, We Did It Again: 2025 Second Hottest Year On Record Oops, We Did It Again: 2025 Second Hottest Year On Record
Next Article Family of slain Ohio dentist Spencer Tepe, wife pour cold water on surveillance video Family of slain Ohio dentist Spencer Tepe, wife pour cold water on surveillance video
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Popular Posts

Donald Trump calls for $163bn in cuts to ‘woke’ and ‘wasteful’ federal spending

Unlock the White House Watch newsletter for free Are you curious about what Trump's second…

May 2, 2025

3 least impressive Florida Panthers players from 4-3 OT loss in Game 1 of SCF to Edmonton Oilers ft. Tomas Nosek

The Florida Panthers suffered a heartbreaking 4-3 overtime loss in Game 1 of the 2025…

June 4, 2025

Crash-and-grab crew hits stores in Wicker Park, Logan Square

Chicago Police Issue Warning to Business Owners in Wicker Park and Logan Square Following String…

December 21, 2025

85 Funny January Quotes for a Happy and Hilarious Winter Month

We have entered the month of January. January can often feel dark, cold, and at…

December 4, 2025

Last Week, Men Blended Artistry and Elegance on the Red Carpet

Last week was filled with memorable moments in the world of fashion, as Black male…

April 14, 2025

You Might Also Like

Grocery chain pays massive fine, accused of inflated price reporting
Economy

Grocery chain pays massive fine, accused of inflated price reporting

June 18, 2026
World’s Richest 10% Are Costing Earth Trillions, Study Finds : ScienceAlert
Tech and Science

World’s Richest 10% Are Costing Earth Trillions, Study Finds : ScienceAlert

June 18, 2026
Why Accenture Stock Opened 18.9% Lower Today
Economy

Why Accenture Stock Opened 18.9% Lower Today

June 18, 2026
UC system sued over ‘misgendering’ disciplinary policy
World News

UC system sued over ‘misgendering’ disciplinary policy

June 18, 2026
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?