UPSC CAPF AC 2013 Paper
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Question : 66 of 125
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The Central Board of Direct Taxes (CBDT) in June, 2013 has specified a value for the cost inflation index of 2013-14. 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 2012-13.
2. The cost inflation index helps in reducing the inflationary gains, thereby reducing the longterm capital gains tax payout for a taxpayer.
Select the correct answer using the code given below.
1. There has been a rise in the cost inflation index over the year 2012-13.
2. The cost inflation index helps in reducing the inflationary gains, thereby reducing the longterm capital gains tax payout for a taxpayer.
Select the correct answer using the code given below.
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