The responsibilities of organization towards government are as follows :-
1. Timely Payment of Proper Taxes : The government has levied various taxes on business units such as excise duty, sales tax, corporate tax, etc. Business units should give proper information of product and should pay taxes accurately as per the provisions.
2. Respecting Rules and Regulations : Business unit should follow various laws and regulations created by government. They should conduct business in lawful manner. This helps in smooth conduct of activities of corporate sectors.
3. Earning Foreign Exchange : Large scale business should enter in export trade to earn foreign exchange. They should enable the government to import capital goods and technical know-how.
4. Political Stability : A stable government often brings more returns and peace in a democratic society. Business units should not support those groups or individuals who are interested in creating political disturbance.
5. Implementation of Socio-Economic Programmes: Business organization is expected to help the government in the implementation of various socio-economic programmes. They should help the government in solving the problems of unemployment, illiteracy, decreasing rate of *** ratio etc.
6. Miscellaneous.
(A) Helping government during natural calamities.
(B) They should not seek any favour from government officials by bribing or influencing them.
(C) They should provide complete and correct information to government officials.
(D) Giving timely advice to government in framing important policies in field of export-import, retail etc.
