National Highway Authority Of India(NHAI) ,an autonomous body under ministry of Road Transport & Highways ,Govt Of India was constituted by an act of parliament in 1995.It is responsible for the development,maintainance and management of national highways and issues related to it. NHAI has come up with an issue of Tax Free bonds means interest…
Indexation And capital Gain Bonds:
Sachin bought one property for Rs.15 Lac in 2005 and sold for Rs.30 Lakh in 2011. Numerically his capital gain is: 30 lac – 15 Lac = Rs.15 Lac. Its only a numerical capital gain as cost of inflation is not inclusive of it and indexation is broadly related to inclusive of inflation effects in…