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Commerce · Q173

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 173

Q173

Which of the following statement is true? 1. The tax rate on STCG is 10%. 2. The tax rate on LTCG is 15%. 3. The tax rate on casual income is 30%. 4. The tax rate on dividend received from domestic company is 10%.

A.
1 and 2 are true
B.
2 and 4 are true
C.
3 and 4 are true
Answer
D.
All statements are true

Answer: Option C

Solution

Answer: Option C
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