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

Core Insights - India has comparatively high levels of public trust in its tax system, as revealed by a new survey conducted by various global accountancy and policy organizations [1][5] Group 1: Survey Findings - The survey, titled "Public Trust in Tax 2025: Asia and Beyond," included responses from over 12,000 individuals across 29 countries, primarily in Asia [2] - In India, nearly 45% of respondents believe that tax revenues are utilized for the public good, while around 41% view paying taxes as a community contribution rather than a financial burden [2] - Approximately 68% of Indian respondents stated they would never justify tax evasion, indicating strong opposition to tax cheating [3] Group 2: Attitudes Towards Taxation - About 80% of Indian respondents expressed willingness to pay additional taxes if the funds were allocated to sustainable development initiatives [3] - The survey indicates that respondents in Asia generally perceive tax systems as fair and transparent compared to those in Europe and Latin America [3] Group 3: Tax Administration Insights - Digital tax services were identified as the most effective aspect of tax administration, with clearer communication from tax authorities linked to higher levels of public trust [4] - The willingness of Indian respondents to contribute more through taxes reflects a growing alignment between fiscal policy and long-term societal goals, as noted by ACCA India director Md Sajid Khan [4]