gift Archives | Pravasi Samwad

Returning NRIs and OCIs Advised to Check Tax Rules Before Gifting Overseas Property

Cross-border property transfers may avoid gift tax but can still trigger reporting and legal obligations in multiple countries PRAVASISAMWAD.COM Returning

Tata launches dollar-based India Fund from GIFT City to attract global NRIs

With this launch, Tata aims to make India’s capital markets more accessible, modern and globally connected—turning India’s growth story into

Income Tax Tribunal exempts NRI gift from taxation due to proven genuineness

The ITAT ruled that the Rs 20 lakh gift was legitimately exempt under Section 56(2)(x) of the Income Tax Act,

Gift of $1.75 mn to Texas temple by Indian couple

Subhash Gupta and Sarojini Gupta, who made the donation originally belong to Pilkhuwa town in Uttar Pradesh PRAVASISAMWAD.COM The state

PM Modi gifts Bidri-work vases to South African president, Gond painting to Brazil leader

The Indian Prime Minister also gifted South African President Cyril Ramaphosa’s, wife a shawl from Nagaland New Delhi: Art works

US President, First Lady host PM Modi for intimate dinner at White House

Modi is received by the president and the first lady, and before entering the building, they pose for photos and

India gifts warship ‘Kirpan’ to Vietnam

New Delhi: India will gift an indigenously built in-service warship, a missile corvette INS Kirpan, to the Vietnamese Navy, a

Tricolour taken to space by Emirati astronaut handed over to Indian Ambassador

The Indian flag was handed over by Salem Humaid Al Marri, Director General of Mohammed Bin Rashid Space Centre at