CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Acid Test Ratio

1. Comment on...

Question

1. Comment on the important changes introduced in respect of the Long-term Capital Gains Tax (LCGT) and Dividend Distribution Tax (DDT) in the Union Budget for 2018-2019.

Open in App

Solution

Approach
Such questions need detailed study of budget details Introduction
Explain the concepts of LTCG and Dividend distribution tax Body
LTCG - changes - need for changes - impact for changes DDT - changes - need for changes - impact for changes
Conclusion
Conclude with the overall impact on finances

Suggest Corrections

thumbs-up

0

Similar questions

Q. Consider the following statements about the Long Term Capital Gains tax:
1. It will help to boost governments revenue through tax on listed securities.
2. It will be applicable on capital gains exceeding Rs. 5 Lakhs
Which of the above statements is/are correct?

Q. 45. Consider the following statement about Tobin tax.
1. It replaced short-term capital gains tax on financial assets.
2. Tobin tax aims to discourage volatile short term capital flows.
3. Unlike Tobin Tax, Capital Gain Tax is levied only on financial assets.
4. India could not adopt Tobin Tax due to the lack of required tax administration.
Which of the above statement(s) is/are correct?

Q. Tax on Banking Cash Transactions (withdrawals) over a certain threshold in a single day was introduced in the Union Budget of which year?

Q. In India, dividend distribution tax is paid on:

Q. Distinguish between:
1. Revenue budget and capital budget
2. Direct tax and indirect tax
3. Deficit budget and balanced budget

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Liquidity Ratios

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Acid Test Ratio

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon