https://www.taxtmi.com/acts?id=10879 Every individual, Hindu undivided family and private discretionary trust is liable to wealth-tax on net wealth on the valuation date at the rate specified in the Second Schedule; liability is discharged by payment of pre-paid taxes and the tax charged is collected after allowing credit for any pre-paid taxes in accordance with the Code's provisions. en-us Thu, 20 Aug 2009 12:47:00 +0530 Thu, 20 Aug 2009 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10879 Every individual, Hindu undivided family and private discretionary trust is liable to wealth-tax on net wealth on the valuation date at the rate specified in the Second Schedule; liability is discharged by payment of pre-paid taxes and the tax charged is collected after allowing credit for any pre-paid taxes in accordance with the Code's provisions. Act-Rules Bills Thu, 20 Aug 2009 12:47:00 +0530 https://www.taxtmi.com/acts?id=10879