Tax relief refers to various methods that reduce the amount of tax owed by individuals or businesses. This can include deductions, credits, or exemptions that lower taxable income or the overall tax bill. Tax relief is often designed to support specific groups, such as low-income families or small businesses, and can help stimulate economic growth. Governments may implement tax relief measures during economic downturns or crises to provide financial assistance. For example, during the COVID-19 pandemic, many countries introduced stimulus packages that included tax breaks to help individuals and businesses cope with financial challenges.