Taxes this year, is your incentive next year

2016 A.D will go down as a landmark year in the history of India. Demonetization came in as surgical strikes on Black Money (In the process it also temporarily affected lives or normal people who are law abiding as well - but the inconvenience was more than welcome as it was a part of the war on black money.)

Let us assume that over a period of time the above initiative increases the tax paying population of the country significantly from the current single digit percentage of population who do pay taxes.

It is very important for a nation to make the people lovingly pay taxes instead of grudgingly or forcibly doing so- along the lines of some of the welfare nations of Scandinavian countries.

How can we turn around this behavioral trait?

The below article explores a simple way to start

https://www.change.org/p/finance-ministry-incentivise-income-tax-payers-make-them-feel-proud-to-pay-their-taxes

When will this be a reality?





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