Latest IFAC News & Updates

New Delhi, Jan 5 (IANS) Public trust in tax remains strongest in Asia and India stands out for its relatively strong tax morale and trust in the fiscal system, a report showed on Monday.Nearly 45 per cent of Indian respondents believe that tax revenues are spent for the public good, while 41 per cent view paying taxes as a contribution to their community rather than an additional cost, reinforcing the idea of tax as a shared civic responsibility, according to the report released jointly by ACCA,…