Tag: Tax

Cash received as gift from some relatives is tax exempt

iStockPhoto I had gifted Rs.2 lakh to my spouse, with which she

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No tax benefit if mediclaim premium is paid in cash

iStock Photo I pay the health insurance premiums for both myself (67)

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Gift from certain relatives is tax free in India

iStock Photo After living in the US for 10 years, I returned

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Minor becomes a tax payer if her income arises from her skills

iStockPhoto My son (15) is a singer and performs at live shows

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