Gift by NRI to Resident Indian or Vice-Versa — NRI Gift Tax In India

NRIs can give and receive gifts in cash or kind jewelry, antiques, property to and from relatives and non-relatives in India. Check gift tax in India & exemption limit for NRI Gift.

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We love getting gifts. Gifts might involve a lot of emotion and tradition. But we have to consider practical and mundane things like rules and taxation when it comes to gifts in terms of cash or assets.