1.

Which type of financial and economic encouragement does government gives to exporters?

Answer»

Financial and economic encouragement reward:
Exporters are provided several financial and economic benefits to encourage them for producing and/or exporting. These encouragements include:

  • Give some pre-decided reward directly to the exporter.
  • Give exemption or collect very less sales tax and income tax on exported products.
  • Give partial or full exemption of income-tax for income earned through export. Provide land, raw material, electricity, equipment, etc. at cheaper rates for producing goods/services for export.


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