Thursday, 13 February 2014

ABCD of Wealth Tax: All you need to know

You might be surprised with the terminology of Wealth Tax. Most of us are fully conversant with income-tax and understand that if we make money, then we are required to part with a portion of the money by way of income-tax. But payment of Wealth Tax might be a discovery for you and you may not be interested to understand about Wealth Tax law because when we talk of Wealth Tax, it implies payment of tax on our wealth. However, the meaning of Wealth Tax, the exemption limit of Wealth Tax and the items on which Wealth Tax is payable needs...