Determining the Factors Influencing the Tax Literacy

Résumé du livre

In terms of tax law compliance, tax planning, and tax management, the taxpayer's proficiency plays a critical and significant role. A person with a thorough understanding of the tax system and laws will be able to effectively manage personal financial obligations while also saving for the future. The purpose of the study here is to ascertain factors influencing the Tax Literacy among residents of Agra and Ghaziabad and to assess the relationship between the factors of tax literacy. The present study considers primary source of data. A total sample from 405 residents of Agra and Ghaziabad were selected by way of purposive sampling method to ascertain the tax literacy. The study's findings demonstrated that tax literacy is determined by tax-related tax awareness, knowledge, attitude, and behaviour, along with tax management behaviour. As per the findings, there is a strong relation between tax literacy and other parameters. The findings clearly demonstrated that administrative actions in the field of tax literacy, based on module-based programmes that aid in the enhancement of tax literacy, are urgently needed.