All posts tagged "Gifts"
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57ITRHow Spouse Loans And Gifts Can Reduce Tax Burden Under Old Regime
Taxpayers under the old tax regime are keenly focused on saving taxes. What many don’t realize is that including their spouse and...
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58AutomobileChennai firm gifts two-wheelers, Hyundai, Mercedes cars for Diwali to employees
Diwali came early for some of the employees of a firm in Chennai. As a gesture of appreciating their work, a structural...
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82FINANCETax implications of property gift and sale explained for family members
My mother-in-law owns the residential property where we all reside. My husband passed away last year, leaving behind a daughter and a...
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132Life StyleValentine’s Day 2024: Calendar, Significance, Gifts, and Celebration Ideas
Valentine’s Day 2024: Here’s all you need to know about the day of love, including the Valentine week calendar, significance of each...
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149MUST KNOWTax On Diwali Gifts: Tax Rate, Exemption, Limit; Here’s Everything You Need To Know
Even as the festival season is going on and Diwali 2023 is just around the corner, people in India are in a...
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468ITRGifts To Pension, Know What’s Exempted From Income Tax
Gifts received at weddings are exempted from taxes. In India, the Income Tax Department imposes taxes on various earnings, such as salaries,...
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610Life StyleFather’s Day 2023: 5 Gifts For Your Dad That Will Help Him Secure His Financial Future
Father’s Day 2023: Consider going beyond the traditional gifts and offer your father something that can aids his financial well-being FATHER’S DAY...
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446ITR
Are Gifts By Your Spouse Or Family Members Taxable? Here’s What IT Department Says
Gifts received on the occasion of a person’s marriage will not be subject to taxation. It’s always a nice feeling to get...
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251BUSINESS
How Cash, Gold, Car and Property Gifts on Diwali are Taxed
Everyone likes to give and receive gifts on Diwali. People share different kinds of gifts, including cash, sweets, clothes, gold jewellery, appliances...
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510BUSINESSTax On Gifts: As Festive Season Nears, Know Tax Implications On Gifts You Receive
Any gift received from relatives is tax-exempt, if the relatives come under the definition of ‘relative’ for this purpose under the Income...
