AIR 4 · CSE 2025 · GS3 · 58 pages

Raghav Jhunjhunwala: GS3 answer copy

20 answers by Raghav Jhunjhunwala, as written in the test. Each question opens a page with how other toppers answered it.

The questions

  1. Q10(enhanced border surveillance technology) Evaluate the role of enhanced border surveillance technologies in bolstering India's border security framework and addressing cross-border threats.10 marks

The answers

Question 1 · 10 marks · 35 words written

Comment on the important changes with respect to the Long-Term Capital Gains (LTCG) and Securities Transaction Tax (STT) in the Union Budget 2024-25. Evaluate the impact of such changes on India's savings and investment regime.

Opening

Budget 24-25 demarcated imp. tax reforms with respect to LTCG, STCG and STT

Body

Diagram
- LTCG Changes - uniformity @ 12.5% p.a. - For Gold, it was reduced to 12.5% - For financial assets, ↑sed from 10% to 12.5% + Indexing removed - STT changes
Diagram
- Rationale behind - Improving tax to GDP ratio (stuck in 11.6%) - Progressivity in tax

Impact on Savings & Invst.

(1) Financial Investors are now slightly worse-off : may disincentivize stock trade. (2) → [Savings] may rise

Close

None written.