Gift-Tax Act, 1958
Schedule-I - RATES OF GIFT-TAX
2[SCHEDULE 3[I]*4[[See section 3(1)]]RATES OF GIFT-TAX
| (1) | where the value of all taxable gifts does not exceed Rs. 20,000 | 5 per cent of the value of such gifts; |
| (2) | where the value of all taxable gifts exceeds Rs. 20,000 but does not exceed Rs. 50,000 | Rs. 1,000 plus 10 per cent of the amount by which the value of such gifts exceeds Rs. 20,000; |
| (3) | where the value of all taxable gifts exceeds Rs. 50,000 but does not exceed Rs. 1,00,000 | Rs. 4,000 plus 15 per cent of the amount by which the value of such gifts exceeds Rs. 50,000; |
| (4) | where the value of all taxable gifts exceeds Rs. 1,00,000 but does not exceed Rs. 2,00,000 | Rs. 11,500 plus 20 per cent of the amount by which the value of such gifts exceeds Rs. 1,00,000; |
| (5) | Google Play store
ARTICLESHIP
25 October 2026
Article Intern (CA Articleship)Arpan Bohra & Co Hyderabad CA Inter View Details
ARTICLESHIP
28 October 2026
Article assistantsShyam S Gupta and Company New Delhi CA Inter View Details
Featured
ARTICLESHIP
28 October 2026
CA- Inter and ArticlesN N V Satish & Co., Hyderabad CA Inter View Details
CCI
Pro
|
CAclubindia
