Topic: benefits of paying tax

What are the benefits of paying the income tax?if we get the prize from any TV Show then it is white money or we have to pay the tax for this money also?

1. As per Law - you are required to pay Income Tax and evasion of Income Tax is a serious offence... so irrespective of its benefits - you should pay Income Tax

2. Tax on Winning from TV Show is taxable @40%

Not going to jail for tax evasion is a pretty good benefit I would think. It's the law - you must pay. You can be fined or even jailed for not paying.

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