26/09/2022
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There will be gift exchanges throughout the festive season of 2022, which begins this week with Navratras and continues with Dussehra, Dhanteras, and Diwali.
During the festive seasons, we Indians love to spread love by showering our loved ones with gifts and presents. The majority of us might not be aware that gifts might be taxed unless they fall into an exemption category. Therefore, you should be aware of the tax repercussions of any presents you have received or anticipate to receive this Dussehra, Dhanteras, or Diwali.