What Is Gift Tax And Who Introduced It?

Zee Business Video Team | Updated: January 17, 2022 08:45 PM IST

Gift Tax was introduced in 1958-59 by former prime minister Jawahar Lal Nehru. Nehru, who was also the finance minister at that time, presented the gift tax provision during the union budget presentation. Watch the full video to know why exactly this tax was introduced.



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