Gift from nri brother
This query is : Open
13 January 2014
Please guide me how to receive a tax free gift from my NRI real brother.
Thanks in advance.
Thanks in advance.
13 January 2014
you must take professional help in this regard as u need to comply fema act 1999.
14 January 2014
Sir I thought my senior friends shall be helping me out. I again request if any one knows how to get tax free money from a NRI brother. As far as I know I think gifts of any kind from friends are free of tax exempt. Please share your views on procedure and formalities.
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