Exams

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%.

An octopus have 3 hearts, 9 brains and 8 tentacles.

It depends on the speed with what you are travelling.

• For example, if you have travelled 100 miles and it took 2.5 hours to do it, then that is 100 miles = 2.5 hrs for you.

And the Average Speed is given by 100/2.5 = 40 miles per 1hour.

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

A command economy types of government decide which goods would be produced without any interference of the public.

Command economy ran in Germany during the rule of Adolf Hitler. 

A command economy tends to exist under a socialist government that provides a lot of regulation.