Question : Fill in the blanks-
Tax concessions is a part of ________.
Option 1: Reallocation of resource
Option 2: Reducing income inequalities
Option 3: Economic stability
Option 4: All of the above.
Answer (1)
26th Jan, 2024
Correct Answer:
Reallocation of resource
Solution :
Tax concession is a part of relocation of resources. Government gave tax concession to encourage investment in the economy.
Hence Option A is correct.
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