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7:59
YouTube
TAXAJ
Taxation on Gifts in India | Gift Tax Rules, Exemptions & Limits Explained
Are gifts taxable in India? The answer is yes and no — depending on who gives the gift, the value, and the occasion. In this video, Team TAXAJ explains the taxation of gifts under the Income Tax Act, 1961, including cash gifts, property, jewellery, shares, and foreign remittances. Understand when gifts are tax-free and when you need to report ...
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