Q. Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding __ from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

A) 2 lakhs

B) 1 lakh

C) 4 lakhs

D) 3 lakhs

✔ Correct Answer: 1 lakh

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