Wealth-tax exemptions expanded, new exempt deposit classes added and trust income taxed when benefiting disqualified persons. Amendments to the Wealth-tax Act raise exemption limits, add exempt asset clauses for deposits under a Government-notified National Deposit Scheme and for deposits with the Industrial Development Bank of India, adjust cross-references, and insert provisos capping values excluded from net wealth. Section 21A is amended to make wealth-tax leviable on trustees where trust property or income benefits disqualified persons, to apply modified rates and exceptions for specified associations and institutions, and to define 'maximum marginal rate' by reference to Part I of Schedule I.