< iframe size="480" elevation="320" src="https://www.youtube.com/embed/WZ5H9u_TG9M?rel=0" frameborder="0" allowfullscreen >< img style="float: left; margin:0 5px 5px 0;" src="http://taxdr.org/wp-content/uploads/2021/09/bO86je.jpg"/ > Gifting is one of the several means to reveal love as well as love. It is a custom to gift your shut ones throughout occasions specifically in India. However did you know the gifts are taxable? Gift tax obligation act was an act introduced by the Parliament of India in 1958. It was presented to enforce tax obligation on providing and also receiving presents under particular conditions which is specified under the act. These gifts can be in any type of kind including cash money, jewellery, property, shares, car, etc. Can we save tax obligation by gifting? Exists any tax obligation advantage we can obtain from existing Gift Tax? To recognize even more concerning that, please view the 3rd and last part of Present Tax obligation series. Discover us on Social network and remain connected: Facebook Page - https://www.facebook.com/YadnyaAcademy Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya