Question

benefits of tax incentives

benefits of tax incentives

Homework Answers

Answer #1

The benifits of tax incentives are many

  1. The conditional exemptions give reduction in taxes
  2. if the government want to boost any activity or any sector, it gives conditional exemptions for any investment in that sector, for which it gives tax incentives
  3. For growth in any region, where there is no development, it gives tax exemptions and deductions for seeting up production facilities for which it gives exemptions
  4. Exemptions increases the real cash flow of the organisation or individual by reducing the taxes in hand.  
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