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Tax reform 

Tax reform is a policy implementation by the government through which few alterations are made into the tax system in order to overcome the loopholes and enhance the effectiveness of the tax administration in the country in order to generate higher revenues from taxes as compared to the overall spending.

Relevant cost 

Relevant cost is a management accounting term that describes avoidable costs incurred when making specific business decisions. 

About the Above Author 

Madhuri Thakur

Madhuri Thakur is the Director of Content  at WallStreetMojo. She brings investment banking expertise, and creative content marketing to create awesome articles and brand experience for WallStreetMojo’s readers

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