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Q116
(CAPF/2013)
Economy › Government Finance & Budget › Government Finance & Budget
The Central Board of Direct Taxes (CBDT) in June 2013 has specified a value for the cost inflation index of 2013-1 4. In this regard, which of the statements given below is/are correct? 1. There has been a rise in the cost inflation index over the year 2012-1 3. 2. The cost inflation index helps in reducing the inflationary gains, thereby reducing the long-term capital gains tax payout for a taxpayer. Select the correct answer using the code given below.
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—
·
Correct:
C
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