NISM 10B Investment Adviser Level 2 Notes

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  • Cost of Acquisition: Purchase price of the asset, adjusted for improvements.
  • Indexed Cost: Cost adjusted for inflation using Cost Inflation Index.
  • Full Value of Consideration: Amount received or receivable on asset transfer.
  • Capital Gains: Full value of consideration minus cost and expenses.
  • Short-Term Capital Gains: Taxed at slab rates or special rates for certain assets.

NISM 10B NISM Investment Adviser Level 2

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