Exams

The relationship between a cathode and an anode involves the transfer of electric charge between them. The cathode is the negative terminal on the battery, which has zero electric potential. The anode is the positive terminal on the battery and has the battery's maximum electric potential. Current flows from the battery's anode (positive terminal) to the cathode (negative terminal). In electron flow, electrons leave the negative side of the battery and move towards the positive side of the battery.

Hence, The relationship between a cathode and an anode involves Electrons.

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%.