Current Wealth Tax

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amit
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Joined: Fri Apr 18, 2014 11:44 pm

Current Wealth Tax

Post by amit » Sat Aug 30, 2014 10:00 am

Can any one please read the current wealth tax from here

http://law.incometaxindia.gov.in/DIT/ot ... Id=tab_WTA

and prepare a note in simple format . While describing about wealth tax I got some queries about current wealth tax which I was unable to answer .Some similar experience I heard from Dipak

1>What are the list of exemptions in current wealth tax and which of them going to be excluded and why ?

2>What is the current % of wealth tax ?

3>How the evaluation is done . are proposing a different method for evaluation , if yes How the new method will be better than that`
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