The little MG did just that straight away, taking class honours in the 1961 RAC Rally and the following year’s Rallye Monte-Carlo, while the two streamlined fastback ‘Jacobs’ Midgets did similar in ...
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...