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.
The Indian economy can be most appropriately described as a ______ economy.
Who among the following Chief Justices of India ordered the constitution of a Special Bench called the 'Social Justice Bench'?
Which sector involves the direct use of natural resources?
RBI introduced Rs _______ banknote in Mahatma Ganghi (new) series.
What does it mean when the economy experiences hyperinflation?
Under the Minimum Wages act 1948, If a worker in agriculture works more than 9 hours in a day, they are entitled to overtime wages at:Â
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R):
Assertion (A): Keynes considered fiscal policy more...
General sales tax is a form of:
...Which of the following statements is/are incorrect about the “Wholesale Price Index (WPI)”?
I.        WPI does not capture changes...
According to the Trade Union 1926, What is the minimum number of members in a trade union (1000 workers employed in the establishment) in India?
