Have you received an expensive gift from someone this Diwali? It could be an expensive watch,…
Tag: tax on gifts
Are all gifts taxable in India? Discover the rules that apply | Mint
Receiving a gift, whether it’s cash, property, or a sentimental item, is always a delight. However,…
What are the tax implications of receiving a gift?
No, you aren’t. However, if the gift were from a non-relative, let’s say a friend, you…
Diwali gifts: Taxable or tax-free? 3 rules for a hassle-free festival
The much-awaited and anticipated festival of the year, Diwali is around the corner. It’s also a…
Know how your Diwali gifts from various sources will be taxed
Indian tax laws recognize the Indian culture of exchanging gifts between families and friends. When these…
What are the tax implications on gifts?
I am a Hindu male and own a 3BHK joint property with my father where they…
Gift to a specified relative is not taxable
I was awarded employee stock by an international company that I left four and a half…