Question

    As per the Union Budget 2024-25, the Long-Term Capital Gains (LTCG) tax rate under sections 112A and 112 has been revised to _____

    A 10% Correct Answer Incorrect Answer
    B 12.5% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer
    E 17% Correct Answer Incorrect Answer

    Solution

    The LTCG tax rate under sections 112A and 112 has been changed to 12.5% from July 23, 2024.

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