Wealth Tax Rules
Wealth tax came into existence on 1st April 1957. Wealth tax is derived from the property owned by the proprietor. The proprietor needs to pay tax every year on property owned by them. The residential property that does not yield any income to its owner is also subjected to wealth tax.Wealth tax is termed as most significantread more...Nakshtra Consultants Private Limited
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Wealth Tax Rules
- While income tax is payable on the total taxable income earned by an individual in one year, wealth tax is paid on the possession of certain assets which fall under the Wealth Tax Act of the Indian taxation system. A wealth tax is a tax on the accumulated stock of purchasing power, in contrast to income tax, which is a tax onread more...Feminine Beauty Salon
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1 Who is Non-Resident
2 Taxability of Non-residents in India
3 General and special rates of tax
1. GENERAL RATESAnas Investments
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Tax planning is not a device to reduce tax burden. In fact, it helps savings by investments in government securities. Savings reduce extravagance, and correspondingly inflation. Tax savings are permitted only for investment made i:n government securities and bonds of priority sectors which ultimately help the nation. Therefore,read more...Poddar Investors
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