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What do you understand by net indirect taxes? - Economics

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प्रश्न

What do you understand by net indirect taxes?

लघु उत्तरीय
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उत्तर

It is the extra amount added to the price of goods and services due to taxes after reducing the effect of any government subsidies.

Net Indirect Taxes = Indirect Taxes − Subsidies

If taxes are more than subsidies, net indirect taxes are positive; if subsidies are more, they can be zero or negative.

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