Amendment of Schedule I

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ded family to which item (2) of this Part applies, - Rates of Tax (a) where the net wealth does not exceed Rs. 2,50,000 1/2 per cent. of the net wealth; (b) where the net wealth exceeds Rs. 2,50,000 but does not exceeds Rs. 5,00,000 Rs. 1,250 plus 1 per cent. of the amount by which the net exceed wealth Rs. 2,50,000; (c) where the net wealth exceeds Rs. 5,00,000 but does not exce....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hose net wealth assessable for the assessment year exceeds Rs. 1,00,000, - Rates of Tax (a) where the net wealth does not exceed Rs. 2,50,000 1 1/2 per cent. of the net wealth; (b) where the net wealth exceeds Rs. 2,50,000 but does not exceed Rs. 5,00,000 Rs. 3,750 plus 2 per cent. of the amount by which the net wealth exceeds Rs. 2,50,000; (c) where the net wealth exceeds Rs. 5,....