Tax on Wedding Gifts : Is there tax on wedding gifts or not, know what the rule says

Tax on Wedding Gifts : Is there tax on wedding gifts or not, know what the rule says

Marriage Gift Tax: In Indian tradition, a huge amount is spent on marriage. Along with the bride and groom, their parents also get many gifts in the wedding. In many weddings, the value of these gifts is in lakhs and crores. In such a situation, how much tax is levied on the gifts received in … Read more