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APPLICATION FOR INCENTIVESUNDER THE FISCAL INCENTIVES (Miscellaneous Provisions) Act, 2013 TOURISM ATTRACTION (EXISTING WITH JTB LICENSE)(To be filled out in Triplicate)Date of Application??????????..PART
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Fundamental incentives reform refers to changes made to the structure and allocation of incentives within a system, such as tax incentives or subsidies, to improve efficiency, equity, and performance.
Typically, organizations, businesses, or entities that benefit from certain incentives, such as tax credits or government subsidies, may be required to file fundamental incentives reform to disclose their use of these incentives.
To fill out fundamental incentives reform, individuals or entities must provide required information on forms designated by the governing body, ensuring accuracy and completeness regarding their incentive use.
The purpose of fundamental incentives reform is to ensure that incentives are allocated effectively, promote desired economic behaviors, enhance fairness, and eliminate inefficient or outdated practices.
Required information includes details about the nature of the incentives utilized, the entity receiving the incentives, the goals achieved through the incentives, and financial data demonstrating the impact of incentives.
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