Question

Select the proper option from the option given below and rewrite the completed sentences.

To make timely payment of proper taxes is the responsibility of organization towards ________.
(a) Shareholders
(b) Customers
(c) Government

Answer 1

Correct option- c
To make timely payment of proper taxes is the responsibility of organisation towards government.

Explanation:
The government levies various taxes such as corporate tax, sales tax and excise duty on business units. It is the responsibility of the business units to timely pay these taxes. This tax revenue is used by the government to provide infrastructure and other facilities to the public.