• वसीयत शुल्क | |
legacy: वसीयत विरासत | |
duty: कर्तव्य काम कृत्य | |
legacy duty meaning in Hindi
legacy duty sentence in HindiExamples
More: Next- Leasehold interests were excluded from legacy duty, thus having them fall within the new duty.
- It was collected in addition to the legacy duty and succession duty which still remained in effect.
- Probate and legacy duty focused on the settlement, which was outside the scope of probate and administration.
- Legacy duty was also imposed in 1780, initially upon receipts or discharges given with respect to a legacy.
- Leasehold property and personalty directed to be converted into real estate are liable to succession, not to legacy duty.
- Henrietta died on 19 September 1884 and because Challis had been residing in England, the English Inland Revenue Commission claimed legacy duties.
- Again, probate duty had been gradually raised during the 18th century, the legacy duty being introduced in 1780, which was moderate and did not affect land.
- Succession duty was introduced by William Gladstone as a measure to capture more unearned wealth at the point of succession that would not otherwise be chargeable to legacy duty.
- In the former year the probate and legacy duties brought in about one million pounds; the other direct taxes; even including the house duty, did not raise the total to ?, 000, 000.
- Legacy duty and succession duty were later abolished by the Finance Act 1949, followed by the abolition of corporation duty by the Finance Act 1959 . The three-year period for gifts made prior to death was extended to five years by the Finance Act 1946, and then to seven years by the Finance Act 1969.