Exemption limit for individual on wealth tax since 1957
This query is : Resolved
10 December 2014
Hi,
Can anyone of you provide me chart for wealth tax exemption limit for individual since it's applicability?
Can anyone of you provide me chart for wealth tax exemption limit for individual since it's applicability?
10 December 2014
there is no seperate exemption limit...if ur assets (net) as cal after applying wealth tax provisions and rules made thereunder exceeds rs 30 lakhs then straight away pay 1% wealth tax on excess
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