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Gift by NRI to Resident Indian or Vice-Versa – Tax & Other Issues

We love getting gifts. Gifts might involve a lot of emotion and tradition. But we have to consider practical and mundane things like rules and taxation when it comes to gifts in terms of cash or assets.

NRIs can give and receive gifts in cash or kind (jewelry, antiques, property) to and from relatives and non-relatives in India. Check NRI Gift rules & exemption limits…

You can also get NRI Gift Deed Format from the end of this post

nri gift tax india

NRI Gift Tax India

Let us look at the tax implications of gifting for NRIs but first check basic definitions which will help you in understanding the rules & other issues.

Definition

The Income Tax Act defines gift as any asset received without consideration like money or money’s worth. It can include cash, movable property, immovable property, jewelry etc.

Relatives and Non-relatives

The treatment of gift tax is different when given to relatives and when given to non-relatives. The following people are considered relatives –

FatherChild’s Spouse
MotherGrandchildren
StepmotherGrandchild’s spouse
SpouseSiblings
ChildrenStepsister and Stepbrother
StepchildrenSiblings’ spouse.
Grandparents

All other persons are considered non-relatives.

NRI Gift Rules 

  • Immovable property can be gifted to an NRI provided the remittance of sales proceeds does not exceed USD 1,000,000 per year.
  • NRIs can get gifts from relatives in the form of shares and securities provided the gift does not exceed 5% of paid up capital of the company; the sectoral cap is not breached and the NRI is eligible to hold the securities.
  • Gift received from a specified trust, specified fund or as a scholarship from educational institutions is not taxable.
  • If the gift is an immovable property outside of India, it is exempt from tax.
  • The value of the gift cannot be considered as deduction while calculating income tax.
  • Income received from a gift in India is taxable in India whether the receiver and giver are Resident Indians or NRIs.
  • When you receive a gift, make sure the necessary documentation is in place.
  • Cash gifts that exceed Rs. 2,00,000 can be subject to penalty. Ensure that you get the relevant gift through cheques or bank account transfers.

nri gift

Gift by NRI to Resident Indian

NRI gift to Resident Indian – Let us look at the different scenarios when an NRI gifts a Resident Indian –

  • Gift from NRI Relative are exempted from tax – When an NRI gives a gift in the form of cash, cheque, items or property to a Resident Indian who is a relative, both giver and receiver are exempt from tax in India.
  • When an NRI gives a gift in the form of cash, cheque, items or property that is within the value of Rs. 50,000 to a Resident Indian who is not a relative, both giver and receiver are exempt from tax in India.
  • When an NRI gives a gift in the form of cash, cheque, items or property that exceeds the value of Rs. 50,000 to a Resident Indian who is a non-relative, gift tax is payable by the receiver. The amount is added to the receiver’s income and taxed as per the income tax slab applicable to the receiver.
  • When an NRI gives a gift in the form of cash, cheque, items or property to a Resident Indian for marriage or through will, both giver and receiver are exempt from tax in India irrespective of the ‘relative’ status.

Gift to NRI by Resident Indian

Resident Indian gives a gift to an NRI – Let us look at the different scenarios when an NRI receives a gift from a Resident Indian –

  • Gift to NRI Relative are exempted from tax – When a resident Indian gives a gift in the form of cash, cheque, items or property to an NRI who is a relative, both giver and receiver are exempt from tax in India.
  • When a resident Indian gives a gift in the form of cash, cheque, items or property that is within the value of Rs. 50,000 to an NRI who is not a relative, both giver and receiver are exempt from tax in India.
  • When a resident Indian gives a gift in the form of cash, cheque, items or property that exceeds the value of Rs. 50,000 to an NRI, who is a non-relative, the gift tax is payable by the receiver. The amount is added to the receiver’s income and taxed as per the income tax slab applicable to the receiver. The maximum limit for such a gift is USD 250,000 in one financial year. [This limit is defined under LRS (Liberalised Remittance Scheme) – the total amount of foreign exchange purchased from or remitted through, all sources in India.]
  • When a resident Indian gives a gift in the form of cash, cheque, items or property to an NRI for marriage or through will, both giver and receiver are exempt from tax in India irrespective of the ‘relative’ status.
  • When a resident Indian gives a gift in the form of shares or securities of an Indian company, the total value cannot exceed USD 50,000 in one financial year. The gift should follow the regulations of RBI regarding NRIs holding stock in Indian companies.

When you give a gift or get a gift, make sure you understand the rules regarding gifts and the tax implications and act accordingly.

wiseNRI

The information that I shared in the above post is one part of the story – issues can be complex based on your resident status. If we talk about USA – you can gift up to $15,000 in a year. This is not that simple but just an example. So check rules in countries where you are staying.

NRI Gift Deed Format

It’s important to sign gift deeds & keep them safe to avoid issues in the future. Many readers were asking for sample NRI gift deeds that they can copy. So I have added ready to use gift deed format for immovable property & even movable property.

Please share any additional information or experience that you have about a gift to NRI or gift from NRI – that will really help all readers. If you have any questions related to NRI gift tax – feel free to add in the comment section.

nri gift tax india

About the Author

Hemant Beniwal is a CERTIFIED FINANCIAL PLANNER and his Company Ark Primary Advisors Pvt Ltd is registered as an Investment Adviser with SEBI. Hemant is also a member of the Financial Planning Association, U.S.A and registered as a life planner with Kinder Institute of Life Planning, U.S.A. He started his Financial Planning Practice in 2009 & is among the first generation of financial planners in India. He also authored Bestseller book "Financial Life Planning".

  • Seetharama says:

    The limit to gift to US NRI is 15 K in 2018, every year it is revised.
    You need to define who are all relatives.
    Useful article, may add a para on bank/ IT formalities as well. SOme banks ask for specific forms from auditors to send gift money to NRIs.

    • Thanks for your suggestions – I have updated US NRI limits.

    • Krishna Ramachandran says:

      US gift laws are not applicable to non US persons(people who are not US passport or green card holders or not resident in USA on a H1B visa or any other visa). If cash is gifted no issue and if the amount is above $100K the donee has to notify tax authorities since he is a resident in USA. If a property in USA is gifted then there are tax implications

    • Dharam says:

      Non relatives

  • Sanjay says:

    How are cash transfers by a resident or NRI father to resident son through net banking are treated for tax for giver as well as receiver?

    • Dear Sanjay,
      If I assume son is major – in that case, there are no tax issues in India. But to show that transferred amount was a gift – one can write a simple gift deed.
      In case of a minor son – any income from such transfer will be added to father’s income.

  • Vimal says:

    As resident indian, I want to gift my NRE daughter $ 10,000. What does it mean by ” it is tax exempted in India for giver and receiver. Can the giver reduce this gift amount from his taxable income. What is limit for giving US$ as gift to NRI relative.

  • MK says:

    Husband is NRI, and he is gifting money to his wife who is resident indian. This transfer is from husband’s NRE account to wife’s Resident saving account. If she does the FD and earns interest income. Taxation point of view, who will have to pay tax on this income husband or wife?

  • Nutan says:

    Thanks for a very informative post. I have a question: A NRI transfers rs. 10.000 every month from his nri account to his resident indian brothers savings account in order to assist him financially. Is this deal taxable? If yes, who has to pay and how much?

    • Anuj says:

      Hi nutan,

      If a NRI gives Gift to Resident Indian (Relative),it is exempt from tax in hands of both receiver and giver.You are sending money through bank transfers amounts to RS 120000 yearly. Your brother can claim this amount as gift and it is exempt from tax in his hand. Remember this Gift should be backed up by gift deed to claim exemption

    • BHASKER SAI says:

      In India receiver pays gift tax. Receiving Brother is a relative and any amount of gift from a relative (brother/sister) is NOT taxable to him in India. But there may be taxation to giver in the country of residence. Please check on that. In USA the giver of gift is taxed if the yearly amount of gift exceeds USD 15000/- (Rs.10,50,000/-approx.). But your yearly total gift amount is only Rs.1,20,000/-. So No Tax in USA. Check tax rules if you are residing in any other country.

  • Shrikant says:

    1. with reference to the point that NRI relative can receive gift in form of cash,cheque items or property from resident relative, is there a limit on the amount in cheque/cash that can be given to the NRI?
    2. are uncles, nephew, neices included in relatives definition for any such gift deeds?

    • Anuj says:

      Hi shrikant,

      1. Cash gift that exceeds Rs 200000 is subject to penalty and other than that is tax free

      2.You can check relative list above in this Article

  • Ajay Prakash Lohia says:

    Can I take gift from my nri son at my huf file

    • Anuj says:

      Hi Ajay,

      Yes, you can as your son is member of your HUF
      Gifts received by HUF from its members is exempt. But gift received by HUF from relatives of members shall be taxable.

  • Rohan says:

    I am a NRI. I want to send money from my US account to my brothers resident acccount a sum of Rs 10 lacs as a Loan or gift .Can I do that

    • Anuj says:

      Hi rohan,

      Yes you can do that as you are NRI and your Brother is relative.If you are giving that amount as a gift, your brother can claim gift exemption regarding this.

  • Tushar says:

    I am NRI and my wife stay in India. How much money I can give to my wife in a year through Cheque or bank transfer

    • Anuj says:

      Hi Tushar,

      There is no limit on Cheque or Bank transfer but there is a limit on cash gift which is Rs 200000. Above this amount, there is a penalty

  • Deepthi says:

    what all documents needed to gift a property to indian resident by NRI?

    • rahul says:

      Hi Deepti,

      You have to prepare a gift deed, which contains details of the property which you want to gift.Such deed also provide as a evidence for tax exemption in the hand of receiver.

  • Ajay says:

    My son is working in Nigeria and he wants to send gift in dollar to my and my wife account and also he wants to send gift in dollar to my huf account, can it tax free income in India. please confirm

    • Anuj says:

      Hi Ajay,

      As your son is relative to you and your wife , there is no gift tax in your’s and your wife’s hand whether you receive gift in dollors or rupees.And Gifts received by HUF from members is exempt from tax. Remember that such gifts should be backed up by gift deed.

  • Sw says:

    My daughter in US is a neighborhood. How much can she gift mother and sister in 2019 from her nro account.
    Mother and sister residents on India, staying in India. Will she have to show the gift given to her tax consultant in the US if it’s below the limit?

  • osma says:

    Does a British national with OCI Card have to pay gift tax when receiving cash from Indian relatives as gift

  • Avi says:

    Can my sister-i-law & her husband gift me money above Rs.20Lakhs from USA, & not attract tax?

    • Anuj says:

      Hi Avi,

      As you see above in the Article, Sister-in-law and her husband are not covered in Relative definition. From non relative you can receive gift tax free upto 50000rs and beyond that only on specific occassion like on marriage or through will.

  • ABHISHEK says:

    Does an NRI having stock market investments have to pay taxes on the capital gains before repatriating funds from India to his / her overseas bank account and at what rate?Can NRIs also file their returns online
    ?

  • Subhash says:

    Can nri gift to brother children wife? How much gift allowed to gift by us citizen (nri). To relative in 1 year

  • S says:

    My father has a property (vacant land) under his name & he purchased this property in 2005 for Rs.10Lakh and now it’s worth Rs.20 Cr. I am an NRI and I would like to understand what is the best option to minimise the tax / CGT.
    1) option#1: I receive the land as a gift from him, I sell the land and transfer the sale proceed to my overseas bank account via my Indian bank account
    2) option#2: He sells the land and transfers the money to my bank account as gift and I transfer the money from my Indian bank account to my overseas bank account

    I understand that there are other factors like FX and taxation laws of my residing country. I’d like to understand if there is any other (legally abiding) option that is better from a financial perspective.

    Thanks for your help & guidance.

    Regards.

  • Surendra says:

    Joint flat owners. Husband n wife. Husband NRI wife resident indian. They want to sell this flat. To avoid high TDS upto 23.92% can the NRI gift the flat to wife and then wife sells the flat immediately so that TDS is 1%

  • Krish says:

    My brother is a NRI and he is planning to send me Rs 2000000 as a gift. I am a resident Indian.

    • Anuj says:

      Hi Krish,
      Yes, you can receive it, as your NRI brother is relative. Both giver and receiver are exempt from tax in india. Ensure that this gift should be backed up by gift deed for reference.

  • Brij says:

    I have sold a property in India and paid the capital gains tax etc. The money is in my NRO account . I am a NRI based in UK. Can I remit the tax paid money as gift to my son and daughter in their UK bank account from my NRO account ?I have the CA certificate as well. Is there a limit how much can I remit outside India ?

    • Anuj says:

      Hi Brij,
      As your Son and Daughter are both relative, you can remit this amount as gift and no gift tax attracted to both receiver and giver.But remittances from NRO to NRE account are limited to USD 1000000 in a financial year.And further proper documentation is needed to send this money. You should hire a CA for this.

  • Naman says:

    What are the income tax implications of transferring funds from one NRE account to another NRE account. The NRE accounts are under different account holder names and different banks.

  • Mohan says:

    I am a NRI (now USA citizen) in old age. I want to gift my life’s savings which are in NRO account in India to my children in USA (who also are USA citizen). What is the limit of transferring money from Indian NRO account to their USA as a gift? What documentation do I need to submit to my bank in India?

    • Anuj says:

      Hi Mohan,

      The limit of transferring is upto 1 million USD in one financial year. Mainly, you need to submit two documents 15CA and 15 CB.
      Form 15CA is an undertaking by the NRI to remit Funds and this form is submitted online and acknowledgment should be signed and submitted along with form 15CB in bank. Form 15CB is a CA certificate

  • Ani says:

    Hi,

    I’m a resident Indian. I would like to gift INR 7 lakhs to my paternal uncle (Tauji) who lives in the USA. I would like to transfer the money to his NRO account via NEFT transfer from my SB AC.

    What are the Tax implications and FEMA regulations compliance should I consider for the transaction?

    Thanks,

    • rahul says:

      Hi Ani,

      Firstly your NRI uncle is non relative, gift upto Rs 50000 is exempt but beyond that is taxable in the hands of receiver. The maximum limit of transfer is $250000 in one financial year

  • Kumar says:

    I want to send 400000 for my grandmother is taxable

    • sunil says:

      Hi Kumar,
      As your grandmother is relative, both giver and receiver is exempt from tax in india. Remember it should be backed up by gift deed

  • Suja says:

    Bank says I cannot gift sharesTo my children who are non-resident but your article here says otherwise how do I resolve this

    • Anuj says:

      Hi Suja,

      You can gift shares to your children as they are relative to you provided RBI approval is required and regulations & compliances are required to be fulfilled like gift does not exceed 5% of the paid up capital of the company, sectoral cap is not breached, total value cannot exceed 50000USD in one financial year etc. Its better to consult a good CA for such matters

  • AG says:

    Gift Given to nri,it is taxable for payer and If income is chargeable to tax in India and any relief is claimed under DTAA-?or not

    • Anuj says:

      Hi AG,

      First we should check whether NRI is relative or not, If he/she is relative then both receiver and giver are exempt from tax in india.
      If NRI is non-relative then subject to certain exemption as mentioned above in article, gift tax is applicable and receiver have to pay tax in india. Regarding DTAA, its better to consult a good CA.

  • Arya says:

    The gift in the form of a cheque from Father in Law is taxable for an NRO account?

    • Anuj says:

      Hi Arya,

      Child’s spouse is covered under relative definition and NRI( father-in-law) can gift through cheque to resident indian, who is a relative and both receiver and giver are exempt from tax in india.

  • J K Mahajan says:

    Please advise gift tax laws in case if grand parents in India have life insurance policy for minor grand children in USA as gift having US citizenship at the time of maturity

  • Radhey says:

    If we take property from nri person we r resident Indian how much tax calculate

    • Anuj says:

      Hi Radhey

      If resident receives property from NRI relative then it is exempt from tax in India but if NRI is non-relative then the value in excess of Rs 50000 is taxable as gift tax in India. It is better to hire a CA for proper tax calculation

  • Shiva says:

    Gift in foreign currency from a relative received in India ?

    • Anuj says:

      Hi Shiva,

      As per rules, residents are permitted to hold foreign currency upto 2000 USD or equivalent provided the foreign exchange was acquired by way of gift from resident outside india and who is on a visit to india

  • Amit T says:

    i want to know if i have to pay tax on money received from my brother living in U.K

    • Anuj says:

      Hi Amit,

      If you are receiving the money as a Gift from your NRI brother,who is a relative then it is exempt from tax for both receiver and giver in india. Remember transaction should be backed up by gift deed

  • Sanjay says:

    Can My son who is currently studying in the US on a F1 Visa,gift me any amount he wants from his resident SB account in India.He is not yet a NRI. Will there be any gift or other tax applicable to both.He files Non resident 1040Nr-Ez returns in the US and normal resident IT returns in India

  • Suguna says:

    Hi,
    I am an NRI and my sister who is a resident of India deposits a check for Rs. 10,00,000 to my NRE account as gift, what documents should be given to the bank?
    Thanks.

    • rahul says:

      Hi Suguna,

      I think banks doesn’t require any kind of documentations for such transactions.You have to keep a copy of gift deed for future reference.

  • Alex Fontenot says:

    Is money received by resident sister from NRI sister NRE account fully covered by the gift tax exemption to relative law, regardless of the amount received over a period of 4-5 years ? Is this law about to be changed by the Indian govt anytime soon ?
    If the NRI sister becomes a PR of any country will this PR status better safeguard the resident sister from being taxable for the gifts received via bank transfer ?

  • Sushant Katkar says:

    If i receive gift in the form of cash from my dad who for time being is an nri but later in the year he visits India and becomes a resident as per Sec 6, will that amount be taxable?

  • Guest says:

    Hi, I am NRI and in Germany would like to buy a flat for my mother in India. The flat costs around 40 lakh and I have all money in my HDFC NRE bank account. Can I simply send the money to my Indian brother account, so that he can tranfer the money to the seller directly and my mother can have a flat. I just want to know what would be the best scenerio to avoid any kind of hassle. Thank you

  • Mahesh says:

    Hw much nri brother can make a gift to married sister

    • Anuj says:

      Hi Mahesh,

      There is a limit of 14000$ per person per year for gift tax-free transaction, any amount above this would be taxed as gift tax.

  • surendra says:

    My son born in India obtained US citizenship before 7 years. He also holds PIO status. He has NRE AND NRO Saving Bank Account’s. My mother or my unmarried 71 years old sister wants to gift him INR 40,000-50,000. Obviously, cheque should be deposited in his NRO SA. Can he receive this cheque? Is gift deed necessary? If so, on Judiccial stamp paper of Rs 20/- is OK? Is it to be notorised?

  • Sukumar says:

    My brother is an OCI , he wants to gift his inherited property tbrough a general poer of attorney . Is it legally allowed ?

  • Saima says:

    If a friend transfers about Rs. 10000 to 15000 Rs. every month to my savings account from USA to India will I be liable to pay tax on the same

  • Alex says:

    Is money transferred to sister who is a resident in India from NRE account of NRI (self) fully covered under gift to relative exemption as specified numerous times above and is this law likely to be changed anytime soon by the Indian govt ? Also if the NRI becomes a PR of any country will that safeguard resident sister better from paying tax on the gifts received via bank transfer ?

  • Ranjana says:

    Is a monetry gift of 25 lakh from my late father’s brother – free from tax? Firstly is he considered a relative for tax purposes and secondly, as a resident in the UK, british citizen with OCI, how do I bring the gift back to the UK?

  • Rajesh says:

    How much USdollar can an indiindivi in india recerec fromfan NRI in a year

    • anuj says:

      Hi Rajesh,

      If NRI is giving gift to relative in india , there is no monetary limit.
      But there is a limit of $14000 per person per year for gift tax free transaction. Any amount above this would be taxed as gift tax

  • Krishnan says:

    Father and son are NREs can one transfer funds from sb acct to another

  • Rizwan says:

    I paid 10 lakhs from my NRE account to my fathers saving account account in india…is that taxable?

  • Pradnya says:

    Can a person a foreign national residing in India gift his Commercial property to his son who is also a foreign citizen Non resident in India

  • durgesh says:

    if i transfer money from my nre or nro account to my savings Resident account then will be the amount taxable which is in savings account.

  • Bhavya says:

    My husband and me, we are NRIs. My husband wants to gift me his flat in India but I am not in a position to goto India immediately. How do we make sure the gift deed is done?

  • Adi says:

    Do I need to pay tax if I want to send chocolates to India from Europe?

  • Avi says:

    Can an Indian being a father make a gift of Rs. 35 lakh to his NRI son for purcahse of property in India? Money will be deposited in his NRO Account. What is limitation?

  • Ashok says:

    I have a property in India and I have OCI.I want to sell that property b ut will attract 20% capital gains. Would I be able to gift it to my father who is an Indian citizen and he can sell it with 1% taxWhat do you think? Is there any other implication?

  • Akash says:

    If I (a resident individual) received gift (money in my bank account) from NRI (relative/non relative) then is there any FEMA compliance or any ceiling limit on such gift amount.Kindly also give section/rule reference.

  • Sudha says:

    Can I receive money from my cousin living in australia. Is it taxable in india. He is my mum’s sister son.

    • anuj says:

      Hi Sudha,

      Your mums sisters son is non relative for gift tax purpose.If you receive gift upto Rs 50000 it is exempt but beyond this limit it will be taxable in the hands of receiver.

  • RAJU says:

    I am a resident indian. My daughter is NRI and earns in Euro. She has a NRE account. Daughter had taken education loan. Since she started earning she asked me to clear the loan and I have cleared the loan. She has sent me Rs.5 Lacs just now. is it taxable? This is the money which I have paid back to the bank when I got the maturity monies from deposits. She has actually paid back what I paid back to her loans?

    • Rahul says:

      Hi Raju,

      Gift from NRI relative is exempt from tax for both giver and receiver. The amount you received is tax free in your hands.
      Make sure that the amount you received is backed up by gift deed

  • Anjali says:

    Hi hemant,

    I wanted to get your specific views on the following 2 cases:

    1. My husband who is a foreign national (OCI Cardholder) would like to make monthly transfers of €800 equivalent in INR into my a/c as gift or maintenance (*A. what is advisable btw the two formats for tax purposes?*). I’m currently a NRI although I’m based in India for a few more months while my visa is being processed (expected take 2-3 months).
    *B. should he send the funds to my NRO or my NRE a/c?
    *C. would those funds be taxable for me in India?

    2. I would like to transfer INR20-30L into my mother’s a/c 3-5 times a year. She is an Indian resident.
    *A. would this amount be taxable for her?
    *B. could she transfer a portion of these funds into my indian a/c in future?

    Appreciate your specific advice. Thanks much.

  • ashok says:

    I have friend in France now sent me 17000 euros but my they are asking FCRA certificate is this right?

  • Harsh says:

    I am a Indian citizen highly salaried person with all taxes paid. I want to gift my Nri son 1 million dollars. What is the formality

    • Sunil says:

      Hi Harsh,

      As your son is relative, both giver and receiver are exempt from tax in india but the maximum limit of transfer is $250000 in one financial year

  • Lokesh says:

    I am an Indian. I want to transfer shares of a start uo company as a gift to My brother who is a US citizen but lives in india

    • Anmol says:

      Hi. Lokesh

      Yes, You can gift it to your brother. The Taxability will depend on certain points.
      1) Whether Your brother is consider as your relative in the eyes of law.
      2) The Company you are choosing is of which country,
      3) In what Quantity you want to transfer the shares.

  • Vijay says:

    when sn NRI is gifting a property of worth 4000000, what percentage of tax he needs to pay to indian government

    • rahul says:

      Hi Vijay,

      If NRI is gifting property to relative, then it is tax free for both giver and receiver.But if NRI is gifting property to non relative then upto Rs 50000 exempt above that taxable in the hands of receiver

  • Matri says:

    What is the tax implications for the receiver in USA in case an NRI receives usd gift from Indian citizen(a relative) via a bank transfer and what is the limit?

    • Rahul says:

      Hi Matri,

      When an NRI receives gift from a relative in india,then it will be tax free for both giver and receiver in india. The maximum limit is $250000 in one financial year

  • Susanna says:

    I live in the UK, I am not Indian, but have an Indian friend who lives in India. I have given this friend 320,000 rupees in installments. Does my friend need to declare this money for tax purposes?

  • Shreya says:

    I have received gift in foreign currency….so is it taxable

    • anuj says:

      Hi Shreya,

      As per RBI rules, residents are permitted to hold foreign currency upto 2000$. If foreign currency is within limit and received from relative ,no tax but if such foreign currency received by non relative then upto RS 50000 exempt beyond that taxable in the hand of receiver.

  • Vijay says:

    My brother who is in US for past 5years wanting me to gift a sportsbike…. so is that cost me any duties for accepting as a gift??

    • anuj says:

      Hi Vijay,
      You and your brother are relative. If your NRI brother gifts you sportbike then there will be no gift tax. Both giver and receiver are exempt from tax

  • Jagan says:

    I have a non relative out of india and i want to gift a property that is mine, is it possible?

    • rahul says:

      Hi Jagan,

      Yes, you can gift a property to non-relative but the receiver have to pay gift tax in India if property value exceeds Rs 50000.

  • Ram says:

    Can an Indian resident send money to his nri uncle living abroad

    • anuj says:

      Hi Ram,

      Yes, you can send money to NRI uncle. Your NRI uncle is non relative, the gift is exempt up to Rs 50000 above that is taxable in the hands of the receiver. Maximum limit of transfer is $ 250000 in one financial year.

  • Vijay says:

    My brother, who works in US want to gift me a Kawasaki sportbike!! So i want to know how to get the import license, import duties and related documents!!! Can you give me a detailed guideline over this please!!

  • Vishal says:

    I have received 35000$ from a friend in US. I am from India. How much income tax i need to pay. He send money from my surgery and a marriage in family. We are friends not relatives

    • Anuj says:

      Hi Vishal,

      When you receive a gift on occasion of marriage, it is exempt from tax irrespective of whether the giver is relative or not.
      Other than that gift received from non-relative above Rs 50000 is taxable in the hands of receiver

  • DIXIT says:

    iF I remit money to a non relative who is NRI , WHAT ARE THE TAX IMPLICATIONS AND ON WHOM?

    • Anuj says:

      Hi Dixit,

      If your gift amount is upto Rs 50000, no gift tax on both receiver and giver. But if amount exceeds Rs 50000, then tax is payable by the receiver.The maximum limit for such gift is USD 250000 in one financial year

  • Pravin Kumar says:

    I am a senior citizen Indian resident. Can i transfer my share of the gains from sale of property in india to my daughter who is passport holder resident of Netherlands as gift or for her marriage or to buy property abroad. What are the tax implications?

  • Yahya says:

    I am NRI, I want to give 15 lakhs rupees to my sister from my NRE account because her husband died suddenly a month ago. This is a gift from me to my sister and she will invest in jewelry for 8% return yearly to meet her day to day expenses. My question is whether me or my sister has to pay any kind of tax for the gifted amount or for the return?

    • Abhay says:

      Hi yahya
      Sorry to hear that, yes you can transfer it but the interest on such investments would be taxable to your sister

  • Bharat says:

    my brother is u s citizen and he wants to gift 100,000 us $ to my married daughter in INDIA,she is indian citizen. Is it taxable to my daughter or my brother in india or us

    • Anmol says:

      Hi Bharat,

      Gift upto Rs50,000 is tax free from a non-relative. Since both your daughter and your brother are not relatives for each other in eyes of law, your daughter has to pay tax.

  • Salman says:

    is there any limit to the gift from a NRI relative that a resident can receive?

  • Mahendra says:

    If a resident indian receives gift abroad, is it compulsory for him to bring it back in india ? If yes, any time limit ? If no, can he invest in property abroad ? Any permission needed ?

  • Kirti says:

    My UK friend wanted to buy a house what is the solution she is NRI

  • harshad says:

    i am indian resident and my wife is NRI staying in USA. can i get gift at USA?

  • Anil says:

    My son and daughter in law are uk resident planning for applying uk passport. Should they do as they have property in india which generates income in india apprx 3 _4 lacs per year in form of dividend n interest.

  • Ashish says:

    HI, I am NRI living i Australia. I have a property in India which i want to give to my mum. I still have Rs 24,00,000 loan remaining with the bank. Can i keep paying that loan after transferring the property to my mum or the loan has to be paid off before transferring the property?

  • Ashish says:

    I am an NRI leaving in Australia. I have a property in India. I want to gift it to my mum. I still have Rs 24,00,000 loan reamining. can i keep paying that loan after transferring the property or do i have to pay off the loan before transferring the property?

  • Sunny says:

    Can a father in law send gift money to son in-law from India to USA

  • Rl says:

    As an NRI CAN I MAKE GIFT TO ANY INDIAN FROM NRE account?

  • Akhilesh says:

    Is some one gifts us from UK. And we receive it in india. Shall we pay any amount to it ?? Will that amount is refunded??

    • Anmol says:

      Hi. Akhilesh

      It will all depend on who that ‘Someone’ is. If he/she is your relative then the gift is exempted but If he/she is a non-relative person then the ceiling limit if Rs 50,000.

  • Rajiv says:

    Daughter is working in Singapore and having NRI account in India can she gift money from her NRI account to me in India

  • Dulichand says:

    How many taxes is levied on case gift exceeds USD 10000 from a foreign friend to India. Is there any Penally for a cash amount.

  • Pankaj says:

    I am a NRI. Can I transfer funds to my mother and ask her to invest in FDs? What’s the limit and what will be the taxes?

    • Akhil says:

      Hi Pankaj, there is no limit of sending money to your mother’s saving account but the interest earned on FD will be taxable to your mother’s income slab rate.

  • Sandeep says:

    Can a resident Indian can return money recd from a friend in UK If so then what is the tax payable by Indian resident to return the money in recd in foreign exchange

  • Rajiv says:

    My daughter is NRI gifted 12lakh to me from NRI account.Need format for gift deed and what will be he tax liabilities for me and her

  • Krishna says:

    Hi how to get gift registration? what is the % of gift registration?

  • Meenakshi says:

    I want to gift a puppy to my friend who lives in quebec. What will be the tax liability in our hands

    • arul says:

      As per income tax, puppies are not covered under any kind of property say it may be moveable or immovable. So you can gift it without paying any kind of tax.

  • Prashank says:

    I just want to remit some money to my first cousin lives in USA is there any implication on such remittance

  • Arun says:

    Does a person with RNOR status in India have to pay tax on a GIFT received in Indian NRE account paid from NON-RELATIVE abroad?

  • MAHESH CHAND AGRAWAL says:

    What is the limit for an NRI to give gifts in cash (cheque, transfer in a/c), movable property, immovable property etc to his blood relative in India as per US tax laws, limit of gifted amount exempted from any tax liability for giver in US.

    • Abhay says:

      As per my knowledge, US NRI has a limit to transfer $15000 per year and 35% of tax would be levied if the amount exceeds this limit.

  • Lakshit says:

    I have received money from my son who is in foreign country whether I have to fill any form to claim tax exemption

  • Abhijeet says:

    If suppose my foregion friend is giving me 4 million in my account i want to know how much tax will be deducted and will it be fine with my Indian account?

  • Krishna Ramachandran says:

    I am NRI and if my gift my apartment to my son who is a resident, does he have to pay stamp duty, etc. The property is in Bangalore

  • Subramanian says:

    2019, the rules of resident gifting to NRI has changed and is now taxable at the hands of the receiver. You may update.

  • Naga says:

    A foreigner has provided a gift to a citizen residing in India. Is there is any limit under FEMA or any law?? If yes whether it attracts any provision under Income tax.. please let me know

  • Shihabudeen says:

    How much amount of miney can be transferred from gulf to india at once

  • Naveen says:

    Tax on gift of shares to NRI from resident ( Parents )

  • Gurnam Singh says:

    I am a person of Indian origin living in Sweden For the last 43 years. I have an inhertied property in India which i want to transfer or sell to my brother in blood relation. There are two way of doing it. One i just give him a gift and cost of transer deed will be around 1200 Rs but then i can not mention the amount we have decided the other i sell it at collecter rate and pay long term capital whatever it will be. property is registered on my name since 2000.In blood relation, my brother can gift me up to 250000 dollars /year without any permission from RBI So we both can give gifts to each other according to law. could there be any problem with income tax

  • Sreepriya says:

    I am an NRI living in Australia. I want to send 10 Lakhs to my brother in India who is a resident there. I want to send this amount through bank transfer as gift. My question is, will this amount be taxable in India either for him or me?Thanks.

    • Radhey says:

      Hi Sreepriya,

      If your brother comes in the category of “relative” then the transfer would be exempt from tax else it would be taxed. please be sure that gift should be backed by a gift deed.

  • Akhil says:

    Should stamp duty to be borne by NRO for gift received from indian resident?

  • varun says:

    in your definition relatived does not include uncles and aunty however if we check on other websites uncle and aunty are included as relatives and their gift is exempt from tax so y does your list does not have uncle aunty

  • Anusha says:

    Gift received from a relatives in foriegn country it is exempted or not

  • rani singh says:

    my late husband’s brother who is an indian citizen wants to gift money to his nieces, my children, who are US citizens. Are they considered in the relative category?

  • Sppabbi says:

    My son is a Canadian citizen and I have property worth 5 cror which I want gift him what do I do, the best way?

  • Sandeep says:

    I am UK citizen and my mother is indian citizen so can she trasfer money to my NRE account in India?

  • Raghuraman says:

    Whether a gift from an NRI to his or her NRI spouse given and received outside India is taxable in India?

  • Niket says:

    I am NRI. How can I get money gift from parents without any issue ?

  • Simran says:

    Received gift rs80000 from his NRI friend how treat income from other sources

  • Chandini says:

    Does an NRI have to be present in India while gifting his apartment to his daughter?

  • Ash says:

    Hi I am a US citizen but originally from India and my Indian brother wants to gift me money from India to US ? My question is can he do that ? What is the limit allowed ?

    • Yash says:

      Hi Ash,

      Yes, he can do that. Limit will depend whether he is your cousin or own brother.
      If cousin then Rs 50,000 is limit whereas for own brother its totally exempted as he is your relative.

  • Raju says:

    I am kidney failure ,I am coming from abroad,Now i need money for treatment,Can my father friend who is citizen australia sen me money in my saving account under family mantainance

  • Raman says:

    An NRI as second holder in an FD liable to pay IT

  • Satish says:

    Hi, If my sister (Indian resident) names my son (NRI nephew) as her contingent beneficiary, would the amount be subject to tax?

  • Kawal says:

    How much money can my brother in law and sister send me as gift and family help in one financial year.How much amount can a American citizen send to relative in India as gift and family maintainence in a financial year as per American law

  • Sunny says:

    Hi my brother is in dubai if he sends me protien supplements to me in india, would it be taxable ?

  • Kartik says:

    I want to gift amt equal to USD 100k to my father, a resident indian, which he will put in a FD. When the time comes could I get this money back in my NRE account without having to pay tax?

  • Sid says:

    Can a resident India give a gift of foreign securities to an NRI? This is an unlisted company.

  • Mythili says:

    Up to what amount maximum I can gift to my brother who is a person of Indian origin residing in the united kingdom without paying gift tax

  • ANIL KUMAR PODDAR says:

    MY SON BEING AN NRI DOCTOR IN UK, AND GENERATES INCOME IN INDIA BY HIS CAPITAL HERE, WHICH HAS NOT COME FROM UK, .THIS INCOME IS FROM STOCK DIVIDEND AND MUTUAL FUND DIVIDEND AND INTEREST TO RELATIVES COMPANY,AND FILES INCOME TAX HERE AS NRI,IF HE DECLARE THIS INCOME IN HIS TAX RETURN IN UK, DOES HE NEED TO PAY TAX ON THIS INCOME IN UK, WHERE SOME AMOUNT IS NON TAXABLE AND DIVIDEND S ARE TAX FREE.

  • Mukund says:

    I want to gift my son who is an American citizen rupee equivalent to USD 30000 is there any tax implication

  • Ranveer says:

    I have grand daughter citizen of US. She is a minor. Gift given by me are taxable at the hands of parents is taxable in U S

  • Rakesh says:

    Money received from nri relative is taxable?

  • navadveep says:

    My friend is in newyork, and he wants to send me all his savings it is 3.8millions, so what is the process

  • Kiran says:

    Is there a limit on transfer from NRII’s NRE account to savings account of his relative?

  • Jabir says:

    If I transfer money from my NRI account to my wife’s normal SB account is there any tax? Is there any limit? Please advise

  • Sid says:

    To my question about gifting securities, I should add, the resident is my father, so a direct relative.

  • Dharam says:

    If anybody getting currency as a gift from UK suppose 40000 to 50000 pounds cash so what will be the charge or tax in India or is there any problems to get gifts like that please explain it

  • VIKAS says:

    I am NRI, can I gift to my brother’s HUF account?

  • VIKAS says:

    GIFT FROM A NRI TO HIS BROTHER’S HUF ACCOUNT IS TAXABLE?

  • VIKAS says:

    GIFT FROM A NRI TO HIS UNCLE (FATHER’S BROTHER) IS TAXABLE?

  • Ashok says:

    My spouse’s brother’s wife has sent an item worth ₹27000 to us through courier and it is being held at Indian foreign post office for showing the invoice. What r our options

  • Ambika says:

    I need to send gift to Netherlands will it be possible

  • sandeep k says:

    can NRI (indian citizen residing in USA) gift Rs. 3 crores funds to his real brother who is residing in india, from his indian earning (like rental income) and sale of property receipts that were held in his NRO account

  • Sachin says:

    One of my female friend wants me to send apple I phone and apple laptop from united kingdom to India. Did I have to pay tax for it.

    • Naman says:

      Hi Mr. Sachin
      As such it won’t be added to your income as it is not the property in the eyes of income tax, only customs duties would be applicable

  • Sandeep says:

    can NRI gift funds to his real brother indian from his indian earning income that were held in his NRO account

  • Gursharan says:

    Tax on gift property to NRI by non relative

  • Suman says:

    Can my real sister an American citizen send me gift of Rs.4 lakhs Rs.?

  • Nikhar Gupta says:

    Hello Sir,
    Please guide if an NRI sends money in India for maintainance of his property in India to his brother in law and also some extra amount .. how will this be treated in income tax return of his brother in law .

    Thanks in advance

  • Sagar says:

    Dear Suman,
    Yes, she can.

  • Kamalnayan says:

    My son is resident indian nri in US and on work permit. I am senior citizen and by selling my existing property I will need additional 50 lakhs from my son who has nro account. Should he make payment from his nro account or gift 50 lakhs to me so I can purchase flat with out any issue. Please guide me.

  • Saminathan says:

    what is the income tax levied on cash/cheque received from NRI friend?

    • Naman says:

      Hi Mr. Saminath
      If the said amount is more than 50 k than it will be treated as income from other sources and taxed accordingly.

  • Rupinder says:

    My father wants to send me $35,000 from India. My main concern is would there be any tax deductions at the end of the year for me?

  • Robbin says:

    If I send Rs. 99999 to my mother to India in 2 different transactions ( each below Rs 50000 ) then would she need to pay any taxes in India ?

  • Ruhi says:

    I Am an Indian national and my brother is a green card holder.i want to gift my Indian property to him tax-free and transfer amount to USA so that he can use the amount .is it possible

  • Aun says:

    how much amount Indian father can gift to his US citizen daughter as a gift

  • sanjeev says:

    i have an nre account in india, i would like to transfer money to my father who is a senior citizen. will that money be taxable for my father as it might show income for him ?

  • Npun says:

    i have certain investments abroad acquired by me when I was a non resident. is it possible for me to gift these to my daughter who is currently NRI tax free

  • Aditya says:

    I want to move money from NRO to NRE. The funds were gifted by my parents residing in India. Can I still make the transfer

  • Ayub says:

    WHAT ARE CONDITION APPLIED BY INCOME TAX FOR PURCHASING NRI GIFTED LAND

  • Srinath says:

    Hi, I want to Transfer 200 Shares of an Indian Company (approx Rs.4.5 lacs as per present share value) to my Daughter, who is an American Citizen, as Gift on her 40th Birthday. She has her OCI Card as well. Please advise how to go about. Thanks

    • Hi Srinath,
      You can ask your daughter to open a Demat account in India & transfer those shares. But my suggestion is you should sell these shares & gift amount to her – she can invest in any Indian ETF in USA.

  • DR Gupta says:

    Sir i am 77 yrs old and hold some shares of tata steel.i want to know that can i transfer these to my son who has taken US Citizenship.

  • Vijayan says:

    I would like to transfer funds from my NRE account in India to my daughters’ account in Newzeland. what will be the maximum amount that I can transfer?

  • Sunita says:

    I have a joint property with my daughter ( NRI) She wants to gift to me (mother), the property is a flat in India, what is tax implications or steps to follow

  • Varun says:

    If someone from uk sends gifts to someone in india through courier andin india the authority find that in a parcel uk person has sent gold diamond and uk currency means ….is it illegal to send currency with courier ….

  • Keerthy says:

    My only daughter is an nri in Canada She wants to gift her flat in Mumbai as i have no property and a widow. Can she do it from Canada

  • Babita says:

    Can I receive a gift in form of cash from a nri which he will be sending from his bank account?

  • SANJAY says:

    GIFT FROM RESIDENT MAMA TO NRI BHANJA IS TAXABLE AS PER NEW AMENDMENT IN BUDGET?

  • Anoop says:

    My Indian freind working abroad on 4 months contact wants to send me 10000USD, what is the tax liabilities

  • Amit says:

    what is the provision for following scenario resident father gift to NRI daughter UK. what is rule of UK about gift received from India

  • SD says:

    My parents would like to sell their property in India and relocate to Switzerland where I live now. They can either transfer the proceeds to me here or relocate first here, open their account here and transfer all the proceeds to their own account in Switzerland.
    What is a better option and ehy(

  • Ashish says:

    Can a NRI having land in India gift to his NRI brother and is there any tax involved

  • Dilip says:

    We have our relatives in India want I phone and iPad latest we are three people to going India how we can take this .We have pay duty?

  • Sainudheen says:

    I am a NRI. Is there any limit for me to give gift my own sister by cheque

  • Omprakash says:

    i have recieved a house in India as a gift from my NRI relative 3 years back.Now I want to sell the same what will be the tax implications and what will be the purchase price?

    • Raj says:

      Hi Omprakash,

      In the Case of Gift, the cost of acquisition by the previous owner of a capital asset shall be the cost of acquisition of such asset to the person selling such capital asset and it will be taxed as per Capital gain taxation.

  • Ravi says:

    I am nri working in Singapore. Can I send money from my nro account to my Father-in-laws Sb account a sum of 10 lakhs Rupees? Who has to pay tax?

  • Sethu R says:

    I was informed that when a Resident Indian gifts to a Relative in USA who is NRI or Person of Indian Origin, it does not attract gift tax laws of USA. Only when the amount received is more than 100000 US $, the same is to be reported to US Tax authorities. Pl confirm

  • Shirdish says:

    My daughter has acquired US citizen ship. Previously she was Indian resident. She has purchased a plot during Indian residence stage. Now she want to gift the plot tome (father). Kindly guide transfer process and tax structure.

  • Bhavana says:

    Hello Sir,

    Thank you so much for this blog.
    But, could you please suggest the changes/ amendments made to the gift tax applicable when resident of India gifts > Rs. 50000 to his relative as per the new Income tax rules 2019?

  • Tejavardhan says:

    GIFT FROM RESIDENT INDIAN TO Non resident if he is relative what is the procedure if value is 10lakhs.

  • prakash says:

    Can my blood brother living in Dubai send me gift of 5 Cr

  • Nathalena says:

    I have to send my brother rs.50000 via bank transfer, who is having an NRO account in india. So will i needbto pay tax on this amount

  • Sridhar says:

    Whether amount sent by nri to dad for repayment of Edu loan is taxable in us or India?

  • Chinmoy says:

    I want to gift Rs 30 lakhs to my NRI son by cheque in his NRO account. Is there any tax implication?

  • Ashish says:

    My mother’s sister wants to send me Usd 3000 from USA to India as gift how is the best way

  • ash says:

    When an NRI gifts an Indian resident who is a relative is the Indian recipient taxed? Hello

  • vipul says:

    Gifting money from India to us to a person who has acquired our citizenship. What is the best way to avoid tax liability for the recipient

  • paul says:

    Can an NRI son gift his flat in India to his resident mother in India

  • lana says:

    As a recent green card holder but as per Indian income tax we are resident for Indian income tax than should we require to open an NRO account or we should continue with our simple savings account in India?

    • Sarthak says:

      Hi Lana,

      As per FEMA regulation, when a resident’s status changes to NRI the resident savings account have to be converted to an NRO account.

  • Naresh says:

    Mother is resident in India and she wants to gift money lying in here bank account in India to her son In US . How much money can she send per year and what are compliances to be done by her in India

  • Kabilan says:

    A non relative foreigner from UK sends gift of some movable articles and some amount of pounds in cash through a courier to an Indian friend. When the package arrives the Indian Airport the customs department find the currency in the package and demands to pay duty for the articles and for the currency.
    If the gift is received by the indian what is the rate of gift tax.No gift documents are received from the foreigner. Can the Indian reject the gift , and the same can be taken back by the foreigner. Give me a clarification and suggestion

  • Jeg says:

    Hi,
    I am a NRI residing in UK, My wife is receiving 55 lakhs from her mother as a gift with deed selling h a property.Whats the tax implication in India and tax implication in UK if I want to move those funds from NRO account to GBP. She is already working and pays 40% tax on her income.

    • Akash says:

      Hi Jeg,

      As far as Indian taxation is concerned, You can remit up to USD 1 million per financial year from the NRO account, you would need to submit two documents: Form 15CA and 15CB.

  • Arun says:

    I have my son who is NRI in USA working in company. How much amount in rupees maximum can i gift him to buy a house or for his personal need ? Please explain .

  • Arun K R says:

    Is there any clearance charges for receiving gift from my friend who is settled abroad

  • Bhupat says:

    My brother is residing in US. I wish to know the current limits of gift as bankers cheque in my indian bank account.
    Thanks

  • Girish says:

    My son who is now an OCI card holder wants to gift a residential plot in India costing about 75 Lakhs. Will there be any Tax & registration charge on it

  • Nitin says:

    Hi i am an NRI. I am nominee in my fathers saving account in india. He had expired in nov 2019.Being nominee in his saving account the bank has transferred the cash in my NRO account. i need to know regarding tax liability against my deceased father for the cash amount and against me if any

  • vignesh says:

    i am nri and my mother in law want to gift a property on her name to my wife and my wife want to gift it to me ,so what forms to be filled to create a sales deed

  • Vinodh says:

    I am NRI my family consists of 4. 2 are children.How much I can gift to each one per financial year.

    • rajesh says:

      Hi Vinodh,

      As per my knowledge, this would depend on your residence country like in the USA you can gift up to $15000 in a financial year.

  • ATUL says:

    amt is applicable on gift received from NRI to resident who is relative. Amount is 30 lac

  • BALASUBRAMANIAN says:

    Is the gift deed for the house to be registered or a mere deed would be sufficient.

  • Debora says:

    my friend from the UK send a gift to India to me through courier, now courier people are asking to pay some amount, I don’t have any tracking details.

  • S V Mathialagan says:

    Can NRI send money to his Father’s account to purchase the Flat in India which later NRI will transfer on his name? What is the Tax implications?

  • ramesh says:

    I want to send 10000 rupees to my friend in the Philippines is it objectionable

  • nusrath says:

    Indian resident father wants to gift bank transfer payment of 80lac to a UK NRI daughter, what are the tax implications and required documents

    • John says:

      Hi Nusrath,

      As per my knowledge, there is no taxation on sending gifts to NRI relatives but it should be backed up with a gift deed.

  • Pawan kumar says:

    Dear Madam/Sir My daughter is NRI and she transfers 15000$ to her mother for maintenance. Now her brother wants 10000 $ in the same financial year. whether she can do so or what type of tax compliance or information to be given to different authorities. This is a total 25000$ from 1.4.2019 to 31.1.2020.

  • Jaisu Shriyan says:

    How can I know is my friend sent the parcel to me or not from the UK

  • Sivagaminathan Sivasubramanian says:

    I live in France. I send money every month to my parents in India. I claim tax deduction for this amount in France as per French tax rules. Is this money taxable to my parents in India ?

  • vijay says:

    WHETHER AMOUNT REMITTED BY A RESIDENT INDIAN TO NRI SON ABRAOD IS TAXABLE

  • Sivagaminathan Sivasubramanian says:

    I live in France. I send money every month to my parents in India. I claim a tax deduction for this amount in France as per French tax rules. Is this money taxable to my parents in India?

  • salshana says:

    My brother is Australian . can I take Australian dollars from him in India and change it and put it in my account.

  • vijay says:

    WHETHER AMOUNT REMITTED BY A RESIDENT INDIAN TO NRI SON ABROAD IS TAXABLE.

  • vinay kumar says:

    Me and my elder brother have inherited an immovable property in the form of Residential House equally. My brother wants to gift his half share in the property to me as he has become an NRI with permanent sttlement in Australia . His name and passport has also been changed now . He is unable to come to india for this purpose because of health reasons . How I can get the Gift deed executed in Australia and submit in India for the purposes of registration ?
    I understand that such gifts are exempt under both countries Tax Laws since it is a Gift to a relative – Sibling / Brother
    I can travel to Australia to get it executed
    i donr need any permission under FEMA since the vaue of property is below $ 1 m ( even as per municipal valuation )
    Your guidance in the matter shall help me in doing the needful
    Thanks and Regards
    CA Vinay Kumar

    • Hi Vinay,
      You are a CA so I can’t even say talk to a CA. My understanding is as this property is in India, your brother should be in India to transfer this asset to you – you should talk to a lawyer in your city development office where property registrations happen.

  • Miki says:

    I am in India, I want to gift money to my sibling(sister) in Canada. What’s the gift deed format, limit and whether it should be registered or on simple stamp paper

  • Anil says:

    If I want to gift immovable property worth 1.5 crores to my sister in India. A am NRI from UK. My sister is a resident Indian and married. What are the tax implications?

  • romish says:

    if my father who is a resident of India wants to gift me, can I receive that gift in NRO or NRE account?

  • NAKKA says:

    NRI TAKEN GIFT FROM INDIA IS TAXABLE OR NOT?

    • Anuj says:

      Hi Nakka,

      As per my knowledge, If the value of the gift exceeds INR 50000 from a non-relative resident then it will be taxable in the hands of the receiver.

  • MEGHANA says:

    what is the maximum limit for a monetary gift to NRI from Indian resident?

  • Ajay says:

    1. If I take a $300K gift from my brother in India NRE account is it taxable to me in the USA?
    2. If I decide to bring this gifted amount $300K in the US bank account in 2025, will it be taxable at that time?

  • Kaur says:

    Hello,

    My grandfather put some money in my name in his will. The amount is more than $15K usd. I am on H1B. So I have 2 questions sir:

    1. How much money I can get in my US account?

    2. Are any tax implications applicable on me in India or USA? (If yes, what are those)

    Thanks in advance
    Kaur

  • Bhanu says:

    Can foreigners give money to Indians?

  • Megha says:

    I was not with Indian passport in 2015 and was visited India that time my mother gave me gift of immovable property, and in that property document of gift they write my Indian address not foreign address, now I want to sell that property and I have oci and foreign passport, is it right if they write my Indian address in gift deed document?

  • Vijaya says:

    My son is an NRI. He has purchased several plots in Hyderabad. He wants to gift them to the mother to avoid complications later. can he do without any limit free of tax.what will be registration charges? If the mother wants to sell at a later stage what about tax liability.

  • Sanjay says:

    Some money was transferred into my NRO account by my father after the sale of a property. Will these funds are taxable in the USA or is this considered a gift and so will not be taxable.

  • Rajesh Parmar says:

    Gift deed should registered with registrar & how value of stamp paper?

    Rajesh Parmar

  • Sandeep Mehta says:

    Hello Sir,

    I have queries as below. I would greatly appreciate if you can answer it.

    – I would like to gift around 25 lacs to my father in law as a gift. Is it exempt from tax? What documentation I need to do? I know that simple gift deed is required. Are signatures required on the gift deed? Can it be done as soft copy while both parties are in different countries?
    – Are there any restrictions on where this gift amount be invested by my father in law? I understand that income arising out of this investment is taxable to my father in law.
    – What documentation is required when this amount / gift is returned back to me or my spouse after few years?

    Thank you.
    Sandeep

  • Sandeep Mehta says:

    Hello Sir,

    Has the rules on gifts from resident Indian to NRI changed from 2019? What are the changes?

    Sandeep

    • Mohan verma says:

      Hey Sandeep
      According to changes made by budget 2019, only money paid by a resident individual to a person outside India without any consideration will be Considererd as taxable In the hands of receiver.

  • Raji says:

    I am an NRI, a USA citizen. My brother in India wants to gift me two acres of land (valued at around 25 lakhs) would either of us have to pay taxes on that amount?
    The second option is that he sells the land and gifts me the proceeds from this sale by check in the amount of 25 lakh rupees. Which option is favorable for tax purposes..

    • Mohan verma says:

      Hey Raji
      As per my knowledge the first option is better because the gift would be exempted as it would be given by your brother.
      And in the second option the cash is exempted till 50,000 after that you both have to pay tax.

  • Pavleen says:

    I am an NRI and my mother is also an NRI she wants to gift me around 40 lakh rs from her immovable property sale proceeds so which account shall I open nre or nro?

  • Raji says:

    I am an NRI living in the USA, my brother in India wants to gift me 2 acres of agricultural land worth about 25 lakhs. Can he do that? If yes, what taxes would either of us have to pay?

    • Shanu says:

      Hey.
      As the property is agriculture land, it can be gifted only to A person resident in India who is A citizen of India.
      A foreign National of non-Indian origin requires the prior approval of the RBI.

  • Santanu says:

    I have a business in Australia and I am an NRI. How much AUD I can transfer to my father in an FY. Also, does that attract tax to him or will he become under GST for that?

  • Suryanarayana says:

    Is an NRI required to be present in INDIA to prepare a Gift deed favoring his brother for the immovable property?

  • Asem says:

    What is checking the change payment of gifts?

  • Mandeep says:

    I am getting a house from my parents as a gift. what will be the tax implication? I’m a UK citizen and the house is in India.

  • Aman says:

    If transfer money to my father from overseas via a bank transfer and he further invest in an FD in his name, is it Taxable?

    • Sonali says:

      Hey Aman,
      Your father wont have to pay tax for it and you must be already paying income tax so you don’t have to pay extra tax.

  • Sundarakrishnan says:

    My question is whether I can get money /cash in my savings account in India as a gift from my NRI daughter for purchase immovable property in India. 2. Is it taxable in India?

  • Aditi says:

    If Immovable property is gifted by NRI to resident in India.Property is in India. If gifted property sold by resident than can resident claim the exemption u/s 54 ?
    Please reply asap

  • Gonsalves says:

    can 25 lakhs be given to a nre /nro blood relative?

  • Dakshinamurthy says:

    I am an Indian living in India, how much money can I receive from my NRI American relative?

  • parul says:

    I bought shares worth 1lakh on the name of my father, mother, and brother. I am an NRI. And acquired British citizen.

  • Ravi says:

    Can an NRI gift Property in India to her Mother in Law?

  • Pankaj says:

    I live in India and my son lives in the USA. I want to gift him 250000 USD every year. Is that taxable to me in India?

  • K KISHORE says:

    Is it necessary for an NRI to be physically present in India to gift an immovable property located in India to his resident sister? Is there any way that is done in absentia?

    • Komal says:

      Hey,
      As per my knowledge, there is no other way in absentia, you have to be present in India for the legal formalities.

  • Digvijai says:

    May I know what is the limit of money gift that NRI can send to a relative in India?

  • Jasjot says:

    Can my cousin in Canada ship me a skincare set worth 15000 as a gift without any of us incurring taxes n customs?

  • karthikeyan says:

    gift tax for sending India for h1b salaries?

  • Pooja says:

    The custom clearance for gifts needs to be paid some amount?

    • Mahi says:

      Hey Pooja,
      Import of gifts items, which is freely importable need no custom clearance permit.However their are certain gifts items that are not freely importable.

  • Karan says:

    Hi, I would like to ask you about funds transfer from India. My mother is Indian citizen and she wants to transfer US dollars from India to my account in canada, I am Canadian citizen. My question is how much maximum US dollars or Canadian dollars she can transfer to my account in Canada in one year or there is no limit. Thank you

  • peeush says:

    I am NRI .How much max i can Gift cash to my sister?

  • Kamalapathi says:

    Hi, I am an NRI, how much Indian money can I gift my father. And how much money he can give to me as a gift.

  • Priya says:

    I am a US resident- green card holder and wanted to know how much money I can receive from my parents in India as a gift without paying taxes?

  • neeloy says:

    is income earned by NRI in India taxable in the USA?

    • Reena says:

      Hey Neeloy,
      If you are a resident in the USA and are working in the USA, you will pay tax on your Indian salary in the USA.

  • raghottam says:

    my son has lost the job in Australia for 6 months .he is an Australian citizen . as a parent can I send money for him for his maintenance as gift?

  • Shiksha says:

    I want to transfer 30 lakh to my mother’s savings account in SBI. can I make an online transaction without worrying about tax?

    • Mahi says:

      Hey Shiksha,
      As per my knowledge you cannot as transferring more than 2.5 lakh online might invite income tax scrutiny.

  • Vishal says:

    I have doubts about taxation regarding nre accounts.

  • Dp says:

    I am an NRI. Currently in UK. Can I transfer money from my NRE account to my dad’s resident saving account in India? If yes then Maximum how much and what is the tax impact in both of us?

    • Ritik says:

      Hey DP,
      Yes you can transfer money from your NRE account to your Dad’s account and as a gift you can transfer 50,000 rs which is taxfree.

  • Vp says:

    Suppose someone other than my relatives from the UK sends me 10 lakhs to my Indian account what will I write when filing for an income tax return?

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