(See section 3)

1. On the first Taka twenty five lakh of net wealth....... Nil

2. On the next Taka fifty lakh of net wealth ................. ½%

3. On the next Taka fifty lakh of net wealth.................. ¾%

4. On the balance of net wealth..................................... 1%:

Provided that where for any year wealth-tax is payable along with income tax by an assessee and the aggregate of income tax and wealth-tax exceeds 30 per cent of total income, the amount of wealth-tax payable shall be reduced by the amount by which the said aggregate exceeds 30 per cent of the total income;”