Tax relief refers to the various measures taken by the government to reduce the tax burden on individuals or businesses. There are several synonyms for tax relief, including tax mitigation, tax reduction, tax abatement, tax cut, tax subsidy, tax deferment, tax exemption, tax credit, and tax deduction. Tax mitigation is a process of legally minimizing the tax liability of an individual or business. Tax abatement refers to a reduction or suspension of tax payments. Tax subsidies are incentives provided by governments to promote certain industries or activities. Tax deferment allows taxpayers to postpone tax payments until a future date. Tax exemption refers to a complete exemption from paying tax, while tax credit and tax deduction are reductions in the tax burden.