减免 (jiǎn miǎn): to reduce or waive (taxes, punishment, rent, tuition etc)

To help small businesses, the government decided to reduce part of their taxes this year.

Due to the impact of the pandemic, the school waived tuition fees for students from financially disadvantaged families.

This bank launched a new policy to waive credit card annual fees and attract more customers.

To encourage everyone to use public transportation, the city government waived the processing fee for bus cards.