Analysing the Impact of Tax Incentives on Savings and Investments

Tax incentives have a significant impact on how people save and invest. The goal of this study is to look into the impact of tax incentives on saving and investing. This study tries to provide insights into how tax incentives influence behavior. The study aims to examine the effects of tax incentives on savings and investment habits among respondents. The study also sets up some hypothesis about the impact of tax incentives. The study primarily uses primary data, i.e., a questionnaire. The data will be tested by chi-square tests, regression, and frequency using the statistical software SPSS. The study received approximately 110 responses. The study addressed the debated effects of tax incentives on individuals' behavior, the effectiveness of incentive structures, and overall economic outcomes. The study found that tax incentives significantly impact savings habits, investment portfolio checks, and awareness among respondents. The study also found that the hypothesis being tested was that tax incentives have an impact on savings and investments.