Gift Tax: All you want to know about Gift Tax

“The greatest gift that you can give to others is the gift of unconditional love and acceptance” – Brian Tracy. Having said that, let’s accept that we all are equally

Taxation of Gift under Income Tax Act, 1961

Introduction Gift is transfer of certain movable or immovable property from one person to another without consideration. Gift tax was introduced in India in the year 1958 and continued for