
📄 What is Gift Tax? Explained in hindi! Gift Tax is the tax levied on certain gifts received, based on the rules of the Income Tax Act, 1961 (India). ✅ When Gifts are Taxable? If the total value of gifts received (in cash, property, or other assets) exceeds ₹50,000 in a year, it becomes taxable as “Income from Other Sources.” 👉 Want to learn more about taxation in simple words? Follow @finchayat for easy finance insights! #GiftTax #IncomeTaxIndia #FinanceSimplified #TaxBasics #PersonalFinance #FinanceReels #casurajsoni #myfintax #MoneyMatters #FinancialLiteracy #SmartFinance #TaxPlanning #FinanceTips #SmartMoneyMoves #TaxExemptions #TaxEducation
This post was published on 09th October, 2025 by Suraj on his Instagram handle "@myfintaxofficial (MYFINTAX | Finance & Tax Educator | CA Suraj Soni)". Suraj has total 116.1K followers on Instagram and has a total of 2.5K post.This post has received 24 Likes which are lower than the average likes that Suraj gets. Suraj receives an average engagement rate of 0.13% per post on Instagram. This post has received 0 comments which are lower than the average comments that Suraj gets. Overall the engagement rate for this post was lower than the average for the profile. #FinanceSimplified #casurajsoni #GiftTax #FinancialLiteracy #IncomeTaxIndia #MoneyMatters #FinanceReels #PersonalFinance #TaxBasics #myfintax has been used frequently in this Post.