Is it necessary to pay wealth tax @ 1% on net wealth exceeding 30,00,000 Rs.. even if person not having any income in a financial year
Is it necessary to pay wealth tax @ 1% on net wealth exceeding 30,00,000 Rs.. even if person not having any income in a financial year
Wealth tax not depend upon Income it includes assets so if person have no income can not saved him from wealth tax
Wealth Tax is not related to Income. It is to be paid if there are assets liable to wealth tax.
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