It is only that when taxes are paid that nations are made. The amount of tax that the government collects from individuals and businesses goes for building infrastructure, buying arms and ammunition and for other social welfare activities.
Not many though like to pay the taxes however each financial year end taxes are paid. Government has tried to make calculating and paying tax easier for the taxpayers. During the last financial year 2015-16 the Central Board Direct Taxes (CBDT) set a record of sort in delivering taxpayer services.
The achievements of the Central Board Direct Taxes: The Centralised Processing Centre (CPC) at Bengaluru processed more than 4.14 crore Income Tax returns, an increase of over 35% over the previous year.
The CPC also issued over 1.61 crore refunds above Rs. 100 to taxpayers, an increase of more than 47% over the previous year.
The CPC issued refunds to the tune of Rs. 37, 870 crore in an automated manner of which 67% were issued within 30 days. This demonstrates CBDT's commitment to faster and more efficient taxpayer service while saving costs on account of interest outgo.