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# familygiftstaxfree

1 posts in `familygiftstaxfree` tag

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Income tax

Gift Tax Rules in India (Latest): Family Gifts, Limits & Exemptions

Gift tax rules in India can be confusing, but most family gifts are completely tax-free. This simple guide explains when gifts are exempt, who qualifies as a relative, the 50,000 limit for non-relatives, and how taxable gifts are calculated without legal jargon.