Monica Malik Instagram – Under current tax laws in India, not all gifts received are taxable. The Income Tax Act of 1962 contains provisions that exempt certain gifts from taxation.
In this video, I discuss which gifts are taxable and the corresponding tax amounts you need to pay.
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#gift #gifts #giftforher #giftforhim #tax #taxes #family #relatives #friends #reelsvideo #prettymuchfinance | Posted on 25/Apr/2024 13:05:28