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प्रश्न
How can taxes be used for promoting economic growth?
लघु उत्तरीय
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उत्तर
Taxes can be used promote economic growth by promoting savings, investment, and production. The government can offer tax breaks and incentives to industries, infrastructure projects, exports, and new firms to attract investment and increase output. Tax revenue is also utilised to improve infrastructure, education, healthcare, and other public services, thereby increasing job opportunities and supporting long-term economic development.
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