In India, gifts received during marriage are tax-free for the couple, regardless of amount. However, relatives must declare gifts exceeding Rs. 50,000. Clubbing provisions apply to gifts from specific relatives, impacting future income tax calculations.
Related Posts
Worst hiding spot ever: /NSFW/Nope/Don’t open/You were Warned/
Last Friday, a Michigan man named David Bartels was sentenced to five years in federal prison for “Possession of Child…
‘I’m shocked at how fragile I am still’: Cumberbatch and Colman on protecting their sanity from perils of social media
Actor Benedict Cumberbatch says he’s shocked at how “fragile” he still is – despite years in the spotlight and success…
Breville Oracle Jet Review (2025): Easy and Delicious
The Oracle Jet represents the current state of the art in easy, high-end, delicious home espresso. Geeks will quibble. Most…