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legacy duty meaning in Hindi

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legacy duty sentence in Hindi
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  1. Leasehold interests were excluded from legacy duty, thus having them fall within the new duty.
  2. It was collected in addition to the legacy duty and succession duty which still remained in effect.
  3. Probate and legacy duty focused on the settlement, which was outside the scope of probate and administration.
  4. Legacy duty was also imposed in 1780, initially upon receipts or discharges given with respect to a legacy.
  5. Leasehold property and personalty directed to be converted into real estate are liable to succession, not to legacy duty.
  6. Henrietta died on 19 September 1884 and because Challis had been residing in England, the English Inland Revenue Commission claimed legacy duties.
  7. 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.
  8. 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.
  9. 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.
  10. 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.


Related Words

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  2. leg restraint cord
  3. leg-room
  4. legacies
  5. legacy
  6. legacy for beneficiaries
  7. legacy is directed to be paid
  8. legacy systems
  9. legal
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