Maximum cash gifting limit
This query is : Resolved
04 February 2018
Hello, is there any recent rules from government side/tax deptt as to how much maximum cash can be gifted to bride/groom on one day in the event of their wedding? I had heard cash payments above 2L is prohibited but does this pertain to weddings?
04 February 2018
Yes this limit of 2 Lacs cash applicable to wedding gift also.
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