Gift to NRI Relative

This discussion clarifies the tax implications of sending gifts to Non-Resident Indian (NRI) relatives. Specifically, it addresses whether such gifts are taxable and if Tax Deducted at Source (TDS) needs to be applied. The consensus is that gifts to close relatives like brothers and sisters are exempt from tax and do not require TDS deduction, as they fall under the definition of relatives as per Section 56(2).