Question
Section 112 A deals with
Solution
Section 112A provides for long-term capital gains tax on the sale of listed equity shares, equity-oriented mutual funds and business trust. The rate of long-term capital gains tax on these listed securities is 10% for gains exceeding the threshold of Rs 1 lakh.  Section 112A was inserted by the Finance Act 2018 to tax long-term capital gains from the sale of listed equity shares, units of equity-oriented mutual funds and units of business trust. Earlier, section 10(38) allowed a capital gains exemption from the sale of listed equity shares, units of mutual fund and business trust. Section 48 deals with method of computing capital gain.
Arctic sea ice reached its annual minimum extent on September 11, 2024, marking another year of significant ice loss in the Northern Hemisphere.(-------...
Select the most appropriate option to fill in the blank.
The elephant stampeded and tore _____ the streets.
Many critics regard the argument as ___________ or, at best, misleading.
Choose the appropriate phrase/words from the options given to fill in the blanks:
The direction came in response to a Right to Information requ...
Select the option that completes the sentence CORRECTLY.
The plan________is quite sound but I don’t like the way it is being implemented.
Select the most appropriate option to fill in the blank.
Many students do not _____________ attention in Social Science class.
These latest scandals will provide _____________ fuel for his political opponents.
Fill in the blanks with the appropriate antonym of the words highlighted from among the choices given below them.
While he failed as an artist, h...
Their work will __________, but they ought to try to improve it.
The company offered me a higher salary or more leaves and I chose the ____________.