According to the income tax act

Tax On Gifts In India: Exemption & Criteria

Tax On Gifts In India Exemption & Criteria

Gifting has been an integral part of Indian culture and has been looked up to as a symbol of love and affection. At certain times, gifting also signifies social status. However, in some cases, the value of expensive gifts like jewelry, residential property, paintings, artifacts, etc., can be substantial. So in this blog, we will … Read more