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The Canada 10Y Government Bond has a 1.046% yield. 10 Years vs 2 Years bond spread is 36.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities .
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Surcharge is levied on the amount of income-tax at the following rates if total income of an assessee Short-term capital gain covered under Section 111A. Nil For the Assessment Year 2019-20 & 2020-21, a local authority is taxable at 30%.
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A void contract is missing an element. In a voidable contract, there is an option for the parties to enforce the terms even though an element is missing, or some other issue exists with the terms. When a contract is unenforceable, it means the contract terms are too confusing, unclear or lack several elements.