Wealth tax
This query is : Resolved
vijay lakshmi
(Querist)
02 March 2015
As wealth tax is abolished in 2015 Budget, so wud they ask questions on W.T in ICMAI final exam to be held in June 2015???
02 March 2015
Yes they may ask. Since it is still a part of the syllabus under applicable AY 2015-16.
CA Parul Saxena
(Expert)
02 March 2015
In case of companies also super rich surcharge would be levied @ 2% instead of wealth tax???
03 March 2015
Yes on Companies too. Effective rate of Surcharges 7%. Check out page No 10 from below link:
https://drive.google.com/file/d/0B6WS9GQxf3bCazZGS2hlYzNUUEE/view
https://drive.google.com/file/d/0B6WS9GQxf3bCazZGS2hlYzNUUEE/view
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