https://www.taxtmi.com/acts?id=46507 Amendment substitutes Part I of Schedule I to the Wealth-tax Act, 1957, revising the wealth-tax rate structure for individuals and Hindu undivided families by prescribing tiered bands with base amounts plus percentage charges on excess wealth, and preserving an exemption threshold together with an overall ceiling limiting tax payable to a fixed percentage of the amount by which net wealth exceeds that threshold. en-us Fri, 20 Dec 2024 16:17:41 +0530 Fri, 20 Dec 2024 16:17:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46507 Amendment substitutes Part I of Schedule I to the Wealth-tax Act, 1957, revising the wealth-tax rate structure for individuals and Hindu undivided families by prescribing tiered bands with base amounts plus percentage charges on excess wealth, and preserving an exemption threshold together with an overall ceiling limiting tax payable to a fixed percentage of the amount by which net wealth exceeds that threshold. Act-Rules F. Acts / Amendment Acts Fri, 20 Dec 2024 16:17:41 +0530 https://www.taxtmi.com/acts?id=46507