Question

Fiscal incentives and Financial incentives

20 Dec 2024
Answer :
Word Count : 253
AspectFiscal IncentivesFinancial Incentives
DefinitionFiscal incentives refer to tax-related benefits or exemptions provided by the government to promote exports or imports.Financial incentives refer to direct monetary support, subsidies, or loans provided by the government or financial institutions to encourage export/import activities.
Nature of BenefitPrimarily related to tax relief or exemptions which reduce the overall cost of exports or imports.Primarily related to financial assistance to ensure liquidity _________ ______ _________ ____ _______.
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