https://www.taxtmi.com/acts?id=6339 Wealth-tax is charged on the net wealth of individuals, Hindu undivided families and companies on the corresponding valuation date for each assessment year. Prior to 1 April 1993 the tax was charged at rates in Schedule I; for assessment years from 1 April 1993 (before 1 April 2016) a one per cent rate applied to net wealth exceeding the statutory threshold, with that threshold increased by amendment effective 1 April 2010. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sun, 17 May 2015 12:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6339 Wealth-tax is charged on the net wealth of individuals, Hindu undivided families and companies on the corresponding valuation date for each assessment year. Prior to 1 April 1993 the tax was charged at rates in Schedule I; for assessment years from 1 April 1993 (before 1 April 2016) a one per cent rate applied to net wealth exceeding the statutory threshold, with that threshold increased by amendment effective 1 April 2010. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6339