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  • GK Paper - 2
  • According to the Union Budget 2004-2005, the reduction in...
Multiple choice

According to the Union Budget 2004-2005, the reduction in the short-term capital gains tax is

  1. 10%

  2. 15%

  3. 20%

  4. 25%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 2004-2005 Union Budget introduced changes to capital gains tax, including a reduction in the short-term capital gains tax rate.

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