TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Section 3 of Wealth-tax Act: Threshold Raised from 15 Lakh to 30 Lakh Effective April 1, 2010.</h1> Clause 82 of the Finance (No. 2) Bill, 2009 proposes an amendment to section 3 of the Wealth-tax Act, 1957. This amendment increases the threshold for wealth-tax from fifteen lakh rupees to thirty lakh rupees for assessment years starting from April 1, 2010. The wealth-tax will continue to be levied at one percent on the net wealth exceeding the new threshold for individuals, Hindu undivided families, and companies. This change is applicable from the assessment year 2010-2011 onwards.
TaxTMI 
TaxTMI 
