https://www.taxtmi.com/news?id=2935 Section 2 of the Wealth-tax Act, 1957 is amended so that a residential house provided exclusively for residential purposes of a whole-time employee, officer or director is treated as not an asset for wealth-tax purposes, subject to a revised gross annual salary threshold for eligibility, by modifying clause (ea), sub-clause (i), item (1). en-us Fri, 16 Mar 2012 18:35:24 +0530 Fri, 16 Mar 2012 18:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2935 Section 2 of the Wealth-tax Act, 1957 is amended so that a residential house provided exclusively for residential purposes of a whole-time employee, officer or director is treated as not an asset for wealth-tax purposes, subject to a revised gross annual salary threshold for eligibility, by modifying clause (ea), sub-clause (i), item (1). News - Fri, 16 Mar 2012 18:35:24 +0530 https://www.taxtmi.com/news?id=2935