Gift Taxation in India: Section‑wise Guide under Income‑tax Act, 1961 and 2025

Clipped from: https://www.taxscan.in/top-stories/gift-taxation-in-india-sectionwise-guide-under-incometax-act-1961-and-2025-1445687?from-login=628672&token=RDWEBKIK9LKGTK2MG5OQ4UCHPYS2YVJRVZHTA While the 2025 Act renumbers and simplifies the provision, the core taxation principles and exemptions remain unchanged. Gift‑giving in India is culturally very meaningful,

New trend in gold demand [ demand rising along side price increase ]–will likely escalate import bill –skew the trade balance and trigger foreien exchange outflows [2] Household savings invested in gold are stockpiled and locked out of the financial system [3] Further useful information is given in the editorial and also suggested are ways to tackle the issue–from long term perspective – Courtey BL

Continued [1] historically, bulk of India’s gold purchases has been from jewellery buyers looking to meet wedding commitments, or to use as collateral during distress.

How new online gaming rules will change your income tax and legal exposure depending on the kind of game you play – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-new-online-gaming-rules-will-change-your-income-tax-and-legal-exposure-depending-on-the-kind-of-game-you-play/articleshow/130708954.cms If you have ever opened a gaming app for “just a quick game” and ended up spending far more time than you planned,

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