Wealth tax
This query is : Resolved
07 November 2013
I would like to know.
1. Who is liable to pay wealth tax and how much?
2. How do you calculate wealth tax?
07 November 2013
Wealth tax is charged for every assessment year in respect of net wealth of the corresponding valuation date of every individual, HUF and company, at the rate of 1% on the amount by which the net wealth exceeds Rs. 30,00,000/-
Go thru this...
http://sanjoras.com/in/post/How-to-calculate-wealth-tax-in-India-Wealth-tax-calculation
Go thru this...
http://sanjoras.com/in/post/How-to-calculate-wealth-tax-in-India-Wealth-tax-calculation
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