What is the determining factor for classifying capital gains on shares as short-term or long-term?

"The type of company issuing the shares" "The volume of shares traded" "The holding period of the shares" "The overall market performance"

What is the primary reason investors are attracted to long-term equity investments?

"Higher short-term returns" "Reduced market volatility" "Tax advantages" "Guaranteed dividends"

What is the key difference in calculating long-term capital gains (LTCG) compared to short-term capital gains (STCG)?

"LTCG calculations exclude brokerage fees" "STCG calculations incorporate inflation adjustments" "LTCG calculations consider the Cost Inflation Index (CII)" "STCG calculations are based on the initial purchase price only"

What is the current tax rate applicable to long-term capital gains exceeding Rs. 1 Lakh on shares?

"0%" "5%" "10%" "15%"

What is a significant tax implication to consider for capital gains earned on foreign shares?

"Exemption from capital gains tax in India" "Taxation at a flat rate regardless of holding period" "Potential for double taxation" "Higher tax rates compared to domestic shares"