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My sister wishes to remit some money as a gift ...

My sister wishes to remit some money as a gift to my spouse. Please explain whether this gift inc...

My sister wishes to remit some money as a gift to my spouse. Please explain whether this gift income would be taxed in my hands.

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Chiranjibi Chapagain Jun. 17, 2019

Any gift received from a blood ‘relative’ is exempt even beyond the limit of Rs 50,000 (‘relative’ in this case is defined as spouse, brother or sister, spouse’s brother or sister, parents and lineal ascendants of individual or his spouse, siblings of parents of individual or his spouse) 


Since the gift giver is your sister and defined as a relative, you would not be required to pay any tax on such gift received by your spouse.


In a nutshell, as an NRI, if you make gifts to people in India, the onus of paying tax in India would be on the recipients. Recipients in India who are ‘relatives’ would not have to pay any tax while non-relatives would have to pay tax on gifts in excess of Rs 50,000.


My sister wishes to remit some money as a gift to my spouse. Please explain whether this gift income would be taxed in my hands.

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