Question

In ............ the amount if discount is compensated by the government ​

Answer 1

Answer:

income tax is the correct answer

Answer 2

The amount of discount is compensated by the government in Rebate.

*Rebate is done if any person has paid more tax or rent or services.

*Generally it happens when a taxpayer has paid more tax to Government than they quoted amount.

*Rebate is also known as payback or sum of money is returned back.

*Rebate is Known as buying discount as it is implemented by dealers to staffs as incentives.