The word Tariff is commonly used in economics, trade, and government policies. Many people want to understand the tariff meaning in Hindi in simple language. In this article, we explain the meaning, types, examples, and importance of tariffs in the economy.
Tariff Meaning
In simple words, a tariff is a tax imposed by a government on goods that are imported from or exported to another country.
Why Do Governments Impose Tariffs?
Governments impose tariffs for several reasons:
- Protect Domestic Industries – To support local businesses from foreign competition.
- Increase Government Revenue – Tariffs generate income for the government.
- Control Imports – To reduce the import of certain goods.
- Improve Trade Balance – To manage trade deficits.
Types of Tariffs
1. Specific Tariff
A fixed amount charged per unit of product.
Example: ₹100 tax on each imported mobile phone.
2. Ad Valorem Tariff
A percentage-based tax on the value of goods.
Example: 10% tax on the total price of imported goods.
3. Protective Tariff
Imposed to protect local industries from foreign competition.
4. Revenue Tariff
Imposed mainly to generate income for the government.
Example of Tariff
If India imposes a 20% tariff on imported cars, then imported cars become more expensive. This encourages people to buy locally manufactured cars.
Impact of Tariffs on Economy
✔ Helps local industries grow
✔ Increases government revenue
✔ Makes imported goods expensive
❌ Can increase prices for consumers
❌ May lead to trade disputes between countries
Conclusion
The meaning of tariff in Hindi is “शुल्क” or “सीमा शुल्क”. It is an important economic tool used by governments to regulate trade and protect domestic industries. While tariffs support local businesses, they can also increase prices for consumers.
Understanding tariffs helps citizens better understand economic policies and global trade decisions.
Also Read :- SIP Investment – A Smart Way to Build Wealth