Sir,
My client is willing to give gift to her daughter resident NR.
What will to tax implication in Indian ?
What is the limit of remittance of Gift in US $ ?
Kindly guide for above.
Thank you
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Gift to Daughter resident Non Resident by his father
Replies (2)
Not be taxable
U need to bit worry about fema COMPIANCE. in income tax not taxable.
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