Wealth tax is levied on properties which are not used by owners. Wealth tax should be paid annually. Wealth tax calculation is based on valuation rules of assets in wealth
Wealth tax is direct tax which is collected on properties held. There are taxable assets and Similarly wealth tax exemption is also available for many assets. In this article, I
On 23th June, 2014, CBDT announced rules 2014 for wealth tax return. These rules shall be come into the force on the date of publication in official gadgets. Rule 3