Gifting in NRE ACCOUNT
This query is : Resolved
28 November 2023
Hello All
I want to know if I give some amount in shape of gift to my brother who is a NRI.. SHALL THAT AMOUNT WILL BE TAXABLE IN THE COUNTRY AUSTRALIA in his income tax return..
Pl do reply.
Regards
I want to know if I give some amount in shape of gift to my brother who is a NRI.. SHALL THAT AMOUNT WILL BE TAXABLE IN THE COUNTRY AUSTRALIA in his income tax return..
Pl do reply.
Regards
28 November 2023
Australia does not have inheritance, estate or gift taxes.
Australia does not have inheritance, estate or gift taxes.
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