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प्रश्न
Mention any one difference between the impact of tax and the incidence of tax.
फरक स्पष्ट करा
उत्तर
Impact of tax | Incidence of tax |
The burden of a tax on the person who pays it to the government in the first instance is referred to as its impact. | The financial impact of a tax on the individual who eventually pays it is referred to as its incidence. |
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Meaning of Taxes
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