How gifts are taxed in India? ft. Aleena Rais
Watch this video to know how different types of gifts (movable and immovable property) are taxed when received from different relatives and friends.

00:00 Introduction
01:29 Background on Gift Tax
02:56 What is a Gift as per the Income Tax Act?
03:50 Which Gifts are Exempt from Gift Tax?
08:06 Tax Treatment of Monetary Gifts Received by an Individual
09:36 Tax Treatment of Immovable Property Received as Gift
15:20 Tax Treatment of Movable Property Received as Gift
17:09 How to Declare Tax on Gifts in India?
18:08 Conclusion


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