Vide NOTIFICATION NO. 15/2009, DATED 30-1-2009 Wealth-tax (First Amendment) Rules, 2009., central government has amended the Rule 8C of the Wealth Tax Rues, 1957 as applicable to Income Tax also to revise the scale of fee substantially. Now a valuer is entitled to get more fees for an asset having value upto 15 lakhs. But, for an asset having value more than 15 lakhs, new fees shall be lower than earlier.

Value of The Asset	Old Fees	New Fees	Impact
	Rs.	Rs.
Rs. 1,00,000	375	500	Increased
Rs. 2,00,000	562.50	1000
Rs. 5,00,000	937.50	2500
Rs.  7,50,000	1250	3000
Rs. 10,00,000	1562.50	3500
Rs. 15,00,000	2187.50	4500
Rs.  20,00,000	2812.50	5000
Rs. 30,00,000	4062.50	6000
Rs. 40,00,000	5312.50	7000
Rs. 50,00,000	6562.50	8000
Rs. 75,00,000	9887.50	11000
Rs. 92,50,000	11875	11875	Break-even
Rs. 1,00,00,000	12812.50	12250	Decreased
Rs. 1,50,00,000	19062.50	14750
Rs. 2,00,00,000	25312.50	17250
And so on

From the above table, it can be seen that a valuer is entitled to get more fees in case of value of asset is less than Rs. 92,50,000. On the contrary he would be getting less fees in case the value of asses is more than Rs. 92,50,000.

Valuer fee scale revised: higher fees for lower-value assets and reduced fees beyond the break-even valuation point. Amendment by Notification No. 15/2009 revises the scale of fees payable to a registered valuer under the Wealth-tax Rules as applied to Income-tax, altering the fee structure so valuers receive higher fees for lower-valued assets and lower fees for higher-valued assets, with a break-even asset value where old and new fees coincide.