Urgent - Help to me to calculate wealth tax

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Any one please answer me how to calculate wealth tax and is there any form or format for calculating wealth tax - urgent

Replies (2)

Net Wealth exceeding Rs. 30,00,000 shall be chargeable @ 1%

Go thru the rules of valuation under wealth tax act and then provide exemption of 30 lacs, and calculate tax at 1%

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