Gift Tax 2024 Exclusions India . Gift tax 2024 exclusions in india. Comprehensive guide to nri gift tax in india:
When is gift tax applicable? When any sum of money or any property is received under a will or by way of inheritance, it is totally exempt from gift tax.
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Annual Gifting For 2024 Image to u , From april 1, 2024, the capital gains tax exemption for gifts under corporate restructuring will apply only to gifts by individuals or hindu undivided families.