What Is The Gift Tax Limit For 2025 In India

What Is The Gift Tax Limit For 2025 In India. 5 reforms that could make new tax regime a better deal for you. The table below outlines the key provisions:

However, in case of gifts of a value higher than this threshold, the entire amount is taxable in. The middle class in india hopes for an income tax rate cut in the 2025 budget as individual earnings stagnate despite corporate growth.