AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 90 Topic 10 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 90 Topic 10 Discussion

CWM_LEVEL_2 Exam Topic 10 Question 90 Discussion:
Question #: 90
Topic #: 10

Section A (1 Mark)

Short-term capital gain arising for the transfer of equity shares and units of equity oriented fund shall be taxable


A.

at the normal rate


B.

at the rate of 20%


C.

at the rate of 10% if transferred on or after 1-10-2004


D.

at the rate of 10% if transferred on or after 1-10-2004 through a recognized stock exchange & such transaction is chargeable to securities transaction tax


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