Analyst Questions

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%.

The only active volcano in India is situated in Andaman-Nicobar islands.

A Donut or Doughnut. Anything in the shape of a torus.

Function: A Function is a block of statement which perform some operation.

Declaring the function before using the function in program is known as implicit declaration of the function.

For Example::

int bar(void); // function (forward) declaration

int main(void) {

bar(); // bar was declared, the compiler has all the info

return foo(123); // foo not yet known; impl. decl. warning

}

// not previously declared function definition

int foo(int a) {

return a;

} 

// previously declared function definition

int bar() {

return 321;

}

The product of a number and its reciprocal is always equals to 1.

For Example : Let the number be 4.

Now, its reciprocal is 1/4

Hence, required product = 4 x 1/4 = 1.

Now, take the number as -15.

Then its reciprocal is -1/15

Required product = -15 x -1/15 = 1.

Hence, the product of a number and its reciprocal is 1.

Photography is a word derived from Greek words Photo means light and graphe means drawing.'Hence it literally means light drawing.

The study of trees is called Dendrology.

As water is cooled from 4 deg C to 0 deg C, the water reaches its freezing point and starts forming ice crystals. Then the volume of that ice cubes increases and its density decreases. Hence, it is the reason that ice will float on water as ice has less density than the water.