Maximum Marginal Rate
Legal definition for Indian law research
Definition
Maximum marginal rate, means the rate of wealth-tax applicable in relation to the highest slab of wealth in the case of an individual as specified in part I of Schedule I. [Wealth-tax Act, 1957 (27 of 1957), s. 2 (lc)]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.