Under Indian tax law, if a resident father-in-law gifts a sum of money to his daughter-in-law who is an NRI, the gift is not taxable in India, either in the hands of the donor or the recipient.
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Income Tax: I want to give a gift to my granddaughter instead of my daughter, will it be taxed?
Income Tax on Gifts: Is Giving to a Granddaughter Tax-Free Like Giving to a Daughter? Experts Explain Gifting money or assets to family members is a common practice in India, especially among parents ...
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