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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

Question Posted / guest


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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