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Weealth tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2011 PLEASE GIVE ME THE DETAILS OF WEALTH TAX EXMPTION LIMIT ? WEALTH TAX RATE FOR INDIVIDUAL , HUF, WOMEN AND SENIOR CITIZEN ?
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CS, Deepak Pratap Singh

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CS, Deepak Pratap Singh (Expert)
01 December 2011 The Wealth Tax Exemption Limit for all assessees is Rs. 30,00,000/- and rate of tax is @1% of the Net Wealth according to the provisions of Wealth Tax Act.
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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2011 thanks Deepak ji,
I want to know all Individual including women?
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CA Prashant Shrivastava

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CA Prashant Shrivastava (Expert)
02 December 2011 Rate of 1% is for all type of assessee.

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