Common man is very much busy in life and family. He thinks for short goals and does not take or avail the benefit of filing the income tax return. This can hurt him in long run where such important obligation can deny him the rights and can get the person in trouble. This can lead to waste of time too. Income tax return helps in so many ways and you could save more money. If you are not aware of the benefits then I want to share with you all about major points about filing income tax return in general.
- Better India
I want to point out that India needs sustainable growth in order to compete and become developed country. It requires continuous growth at all levels and this can only possible if we all pay taxes and become part of government initiative and projects. Our tax will ultimately benefit us only in future as we will get good infrastructure and facilities.
- Financial Funding
Banks ask for certain documents which includes income tax return statements of the client. We can get loan in faster way if we have these papers in hand. Common man faces the problem where we need such documents and so we must file income tax return to show this to the bank.
- International Visit
we all have a dream to go and explore the world outside India and see different places. Sometime we get opportunities in jobs which give us to offer to take project in foreign country. We also may have to go to foreign country for higher education and for this entire embassy people have requirement for showing various records and identification proof. If we do not file the income tax then we may not be able to process our application and get the visa on time.
I would request everyone to understand and spread awareness about filing income tax online or through paperwork without any delay.