Makes the following rules further to amend the Wealth-tax Rules, 1957
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Wealth-tax rules amendment under statutory rulemaking updates wealth-tax regulatory framework with specified rule provisions.
The central tax administration exercised its statutory rulemaking power to amend the Wealth-tax Rules, 1957 by notification dated 22 October 1998, stating the amendment is incorporated in the body of the Rules and providing internal notification identifiers for the issued rule change.