Gift Tax
Received money, shares or property as a gift? It may be tax-free, but here's when you will have to pay tax
Gifts from family can be tax-exempt, but not always. Tax treatment varies based on the giver, value, and occasion. Here's when a gift is tax-free when it becomes taxable.
3 min read12 Jul 2026Can you gift overseas property tax-free? What returning NRIs and OCIs should know
Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.
2 min read29 Jun 2026What NRIs should know about gift received from grandparents
While ITA 1961 did not expressly clarify whether the term covered maternal as well as paternal relatives, there are judicial precedents supporting the view that the expression includes both maternal and paternal lineal ascendants and descendants.
1 min read18 May 2026What US green card holders should know about exit tax and gifting rules
Under US tax law, individuals who give up citizenship or relinquish a long-term green card (held for eight years or more) may be subject to the exit tax provisions under the internal revenue code
2 min read14 Apr 2026Will gifting money to daughter from a foreign bank account attract tax in India?
Any monetary gift a non-resident receives from a resident is taxable in India if the total exceeds ₹50,000, according to the Income Tax Act. But there’s more
2 min read19 Dec 2025Are gifts from NRIs to resident Indians taxable?
Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore does not trigger capital gains tax for the sender.
2 min read1 Dec 2025Gifting stocks and mutual funds this festival season? Watch out for tax traps
While gifting wealth-creating assets is thoughtful, and often tax-efficient in the long run, it’s important to be mindful of the tax implications that may arise for both the giver and the recipient.
4 min read6 Nov 2025You can now gift securities online. Here's how.
Some brokers have started offering an online facility that lets you easily gift shares, bonds, exchange traded funds and even mutual funds held in your demat account. Here's how it works.
2 min read1 Apr 2025NRI taxation: How will a gift from cousin be taxed?
The Indian tax law specifies the relatives who give or receive gifts without any tax implications.
1 min read25 Nov 2024Buoyant market leads to 128% jump in STT receipt so far this fiscal
The spectacular growth in STT comes in the wake of strong volume growth in the markets, even as valuations have staged a rebound after the national polls.
2 min read15 Jul 2024Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.