Fri, Mar 31, 2023
Are gifts taxable? Are gifts received at weddings taxable? Here, we answer the most frequently asked questions on gift taxes in India.
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Wed, Oct 12, 2022
Diwali Gift Tax Rules: Government in 1998 had abolished tax on gifts but reintroduced it in 2004 in a new form and included the same in the Income Tax provisions.
Mon, Jan 17, 2022
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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