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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.
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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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