Which of the following is NOT TRUE about the budget proposals of the Union Gove

Which of the following is NOT TRUE about the budget
proposals of the Union Government for 2003-04?

1 Exemption of tax on dividends in the hands of the share
holders

2 Removal of capital gains tax on equities bought in 2003-04

3 Increase in rate of interest on small savings from 6% to 8%

4 Continuation of the tax exemption on housing loans

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Which of the following is NOT TRUE about the budget proposals of the Union Government for 2003-04? ..

Answer / guest

(3) Increase in rate of interest on small savings from 6% to 8%

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