Wealth tax calculation
This query is : Resolved
28 September 2012
How to calculate wealth tax ??/
28 September 2012
First calculate the net wealth.
Exemption of Rs. 30 lakhs would be there and the balance will be charged to wealth tax @1%.
Exemption of Rs. 30 lakhs would be there and the balance will be charged to wealth tax @1%.
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28 September 2012
net wealth as per wealth tax act.
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