Gift Tax in India

A

aca_trader

Active Member
#2
#2
madhu_amarnath said:
How much amount one can pay to his/her family members as a gift in a year? Any document need to be registered for that? What is the gift rate in India?
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There is no limit on gift to be given to family members. No document is needed as such but to be on safer side, you can go for a gift deed.
 
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