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Hindu Editorial Topic 1 : "For more equity: on long-term capital gains tax"
- Equity - the value of a property after you have taken away the amount left to pay on the mortgage (=money borrowed to buy it)
- Long-term - continuing to exist, be relevant, or have an effect for a long time in the future
- Indexation - the practice of making the value of something such as pay or pensions change as general living costs rise or fall
- Scrap - to decide not to continue with something such as a plan or an event
- Hasty - doing things in a hurry, without careful planning or thought
- Deficit - the difference between the amount of money or goods that a country or business has and the amount that it has spent or that it owes
- Terrific - very good or interesting
- Abandonment - to stop something that you are doing or planning to do, especially because it is too difficult to continue
