CORPORATE SOCIAL RESPONSIBILITY: SHIFT OF BURDEN FROM GOVERNMENT TO CORPORATE

We always heard that the payment of the tax is for the by the public for the public. By our tax money whether of Individual or corporate is used by the government for meeting out the expenses of country that is the welfare of public at large. This is the reason people pay tax. Since corporates earn more than that of an individual and naturally uses more resources of the earth or any country, hence they should pay taxes which are much higher than that of an individual, and they are paying taxes as high as 30% of their income in addition to all other indirect taxes. This how they pay or compensate the nature or country for using their natural resources as well as other resources. The however this remains a question of debate that whether the government is truly justifying this by putting an additional burden on the corporates? After paying such a huge amount of tax still it is the responsibility of corporates to put their money into public welfare? This article is enlightening on this aspect of corporate social responsibility of the corporates is truly a responsibility of the corporates of it is simply a burden of the government which has been shifted or diverted to corporates.

 

KEYWORDS: Corporate Social Responsibility, Contribution, Role of Government, Policies.


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