https://www.taxtmi.com/circulars?id=4723 The circular clarifies that the general wealth-tax exemption for listed investments is subject to a monetary limit and a minimum six-month holding requirement, whereas the Unit Trust of India statute grants a separate exemption for units held by resident individuals and Hindu undivided families up to a specified value; that Unit Trust exemption is independent of and additional to the general listed-investment wealth-tax exemption. en-us Fri, 22 Jan 1982 00:00:00 +0530 Sat, 02 Aug 2008 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4723 The circular clarifies that the general wealth-tax exemption for listed investments is subject to a monetary limit and a minimum six-month holding requirement, whereas the Unit Trust of India statute grants a separate exemption for units held by resident individuals and Hindu undivided families up to a specified value; that Unit Trust exemption is independent of and additional to the general listed-investment wealth-tax exemption. Circulars Income Tax Fri, 22 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4723