Capital gains are the gains made by investing in stock markets capital

3. WHAT DO YOU UNDERSTAND BY THE TERM”CAPITAL GAINS”
USED IN THE INCOME TAX ACT? WHAT ARE THE RULES REGARDING
EXEMPTION OF CAPITAL GAINS.

Question Posted / madhu

Answer Posted / madhu

Capital gains are the gains made by investing in stock
markets

capital gains are normally taxable at a rate of 30%

Is This Answer Correct ?

3 Yes

5 No

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