Saved Bookmarks
| 1. |
The government decides to give budgetary incentives for making investments in backward regions. Explain these possible incentives and the reasons for the same |
|
Answer» SOLUTION :Budgetary incentives REFER to concession in taxation and granting subsidies to those production units which set up their units in economically BACKWARD areas. Tax concessions, like lower EXCISE duties ain at reducing cost and thus raising profits. Subsidides aim at reduing PRICE of products to ecounrage sales and earning more profits Thus both ain at raising profits. |
|