Q: What are the types of capital gain ?

 Ans: The capital gain means that the profit which is earned from the sale of an asset.

The capital gain is the difference of actual price at which the asset was acquired and the price at which the asset was sold or transferred.

The capital gain can be either long term or short term and it depends upon the period of holding .The tax in long term is more as compared to the tax in short term. The rate of tax on long term ranges from 0 percent to maximum 20 percent.

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