Economics · Taxation in India
At what point is 'Estate Duty' typically levied?
- 1At the time of regular annual corporate wealth evaluation
- 2When an individual shifts their tax residency to another nation
- 3When property is registered under a new owner during one's lifetime
- 4Upon the transfer of property or wealth following an individual's demise✓
Correct answer
Upon the transfer of property or wealth following an individual's demise
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