Rules and exemptions for gifts taxation

Indians love to give gifts. With its numerous festivals and close-knitted families, gifting is an integral part of our culture. But do you know that a gift can be taxable in your hands? In this episode of Why Not Mint Money, Abhinav Kaul will tell you all that you need to know about taxes on gifts and exceptions. Learn more about your ad choices. Visit megaphone.fm/adchoices