Wealth-Tax Act, 1957
Schedule I - RATES OF WEALTH-TAX
SCHEDULE 54[I]55[[See section 3(1)]]RATES OF WEALTH-TAX56[PART I(1) In the case of every individual or Hindu undivided family, not being a Hindu undivided family, to which item (2) of this Part applies,-Rate of tax
| (a) | where the net wealth does not exceed Rs. 2,50,000 | Nil; | |
| (b) | where the net wealth exceeds Rs. 2,50,000 but does not exceed Rs. 10,00,000 | - per cent of the amount by which the net wealth exceeds Rs. 2,50,000; | |
| (c) | where the net wealth exceeds Rs 10,00,000 but does not exceed Rs. 20,00,000 | Rs. 3,750 plus 1 per cent of the amount by which the net wealth exceeds Rs. 10,00,000; | |
| (d) | where the net wealth exceeds Rs. 20,00,000 | .... To read the full section download the app from Google Play store
ARTICLESHIP
18 September 2026
Industrial TraineeTwenty Point Nine Five Ventures Private Limited Noida CA Inter View Details
22 September 2026
Account AssistantChirag P Shah & Co. Chartered Accountant Pune B.Com View Details
ARTICLESHIP
16 September 2026
Article AssistantMANUJ SHARMA AND COMPANY Noida CA Inter View Details
Featured
11 September 2026
Audit ExecutiveRBSM Corporate Advisors Private Limited Pune CA View Details
ARTICLESHIP
30 September 2026
CA Article AssistantCA Suraj Garg & Associates New Delhi CA Final View Details
CCI
Pro
|
CAclubindia
