In a tax context, you can use capital losses to offset an equivalent dollar amount of capital gains, or up to $3,000 in capital losses to offset ordinary income. In either case, the offset allows you to reduce the tax you owe. Further, banks have the right of offset if a borrower defaults on a loan.
Central Daylight Time (CDT) is 5 hours behind Coordinated Universal Time (UTC). This time zone is a Daylight Saving Time time zone and is used in: North America. This time zone is often called Central Daylight Time. See full time zone map.
However, some states follow CST as well as CDT (Central Daylight Time) in the summer to save daylight. â¢ When CDT is followed in the summer, the time is GMT â 0500. Then, the difference between CDT and IST is 10.30 hours. Images Courtesy: IST and CST via Wikicommons (Public Domain)