# The Finance Act, 1988, Section 66: Amendment of Schedule I

- Act: The Finance Act, 1988 (Act 26 of 1988)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1988/section/66/

## Text

Amendment of Schedule I 66. In Schedule I to the Wealth-tax Act, in Part I, the following shall be added at the end, namely:— "Surcharge on wealth-tax The amount of wealth-tax computed in accordance with the provisions of this Part shall, in relation to the assessment year commencing on the 1st day of April, 1988, be increased by a surcharge calculated at the rate of ten per cent of such wealth-tax.". [Finance Act, 1988] © Copyright. Taxmann Publications Pvt. Ltd.

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