https://www.taxtmi.com/acts?id=10725 Amendment increases the monetary threshold in section 3 of the Wealth tax Act by inserting a proviso that, for every assessment year commencing on and from the effective date, the section shall operate as if the earlier prescribed monetary figure had been substituted by a higher prescribed figure; the change applies prospectively to those assessment years and affects the exemption threshold used to determine wealth tax liability. en-us Tue, 04 Aug 2009 17:50:14 +0530 Sat, 08 Aug 2009 14:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10725 Amendment increases the monetary threshold in section 3 of the Wealth tax Act by inserting a proviso that, for every assessment year commencing on and from the effective date, the section shall operate as if the earlier prescribed monetary figure had been substituted by a higher prescribed figure; the change applies prospectively to those assessment years and affects the exemption threshold used to determine wealth tax liability. Act-Rules F. Acts / Amendment Acts Tue, 04 Aug 2009 17:50:14 +0530 https://www.taxtmi.com/acts?id=10725