🇮🇳Hindi Source WordCode: HI

कर रिबेट

Pronunciation / Transliteration: kar ribet

🇬🇧 Direct English Meaning:
Tax rebate/ˈtæks ˌriː.beɪt/
nounCEFR B2 (Upper)Top #8500 frequency
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🇮🇳 Example Sentence in Hindi:

"सरकार ने मध्यम वर्ग के लिए कर रिबेट की घोषणा की है।"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A refund paid by the government to a taxpayer who has paid more tax than they actually owed.

    "Many citizens received a government tax rebate just in time for the holiday shopping season."
  2. 2

    A partial return of taxes paid, often utilized as an economic stimulus measure.

    "The administration proposed a temporary tax rebate to encourage consumer spending during the economic downturn."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term combines 'tax', originating from the Latin 'taxare' (to evaluate, estimate, or assess), and 'rebate', derived from the Old French 'rebatre' (to beat down, abate, or deduct), first recorded in the economic sense during the late 19th century to describe refunds on government duties and levies.

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