CAT Questions

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Bengaluru becomes the first Indian city to get its very own logo

• Much like New York and Singapore, Bengaluru is set to get its own logo, becoming the first Indian city to do so.

We know that,

P.W = 100×T.D/R×T

= 100×168/14×2

P.W = 600.

Now, required Sum = (P.W. + T.D.)

= Rs. (600 + 168)

= Rs. 768.

ADP stand for Army Doctrine Publication.  An official written document that provides established principles in the U.S. Army that support national objectives.

DOZENS.

If we remove 'S' from it, it is DOZEN which tells that 12.

Capital Gains Tax on Property:

1. Short term,

2. Long term

Short Term Capital Gain on property is considered as a gain from selling a property which was held by you for less than 36 months. As a taxpayer, you are liable to pay tax on short term capital gain on property as per your applicable marginal income tax slab.

* Current Short Term Capital Gains tax rate is 30%.

Long Term Capital Gain

When you sell your property that is owned by you for more than three years, any gain arising from such sale will be considered as long term capital gain. Long term capital gain is calculated as the difference between net sales consideration and indexed cost of property.

* Current Long Term Capital Gains tax rate is 20%.