Wealth tax treatment of specified equity shares changed, providing temporary exemption for qualifying initial-issue manufacturing shares. Amendments increase a proviso threshold, exclude trees standing on agricultural land (not in orchards or plantations), replace 'held by the assessee' with 'owned by the assessee' throughout, and add a temporary valuation exception for initial-issue equity shares of companies established mainly for manufacture or production of items in the tax schedule, applicable for five successive assessment years following first issue.