Suraj's Post

🎁 Diwali Gifts Can Cost You Tax! 🪔 This festive season, your gifts may bring joy — but they can also bring penalties if not reported correctly in your ITR! 😬 💡 Key Points: Gifts from family = fully tax-free ❤️ Gifts from non-relatives above ₹50,000 = taxable 💰 Employer gifts > ₹5,000 = added to salary 🧧 Property, jewellery, shares as gifts? FMV > ₹50,000 = taxable 🏠💎 Non-reporting = penalties 50–200% + interest ⚠️ ✅ Keep proper documentation & declare gifts honestly to avoid trouble! Swipe 👉 to learn what’s taxable and what’s exempt this Diwali. #Diwali2025 #TaxTips #ITR #GiftsAndTaxes #FinancialAwareness #MyFinTaxOfficial #CelebrateSmart #TaxPenaltyAlert #IncomeTaxIndia #DiwaliGifts #FinancialLiteracy #MoneyMatters #TaxAwareness #GiftTax #FestiveFinance #WealthTips #SmartFiling #TaxSeason #ITRCompliance

• #IncomeTaxIndia
• #MyFinTaxOfficial
• #Diwali2025
• #FinancialAwareness
• #GiftsAndTaxes
• #ITR
• #DiwaliGifts
• #TaxPenaltyAlert
• #CelebrateSmart
• #TaxTips

• 111 1
• 116.1K Followers
• 2.5K Posts
• 150 Average Likes
• 0.13% Eng. Rate

This post was published on 11th 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 111 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 1 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. #IncomeTaxIndia #MyFinTaxOfficial #Diwali2025 #FinancialAwareness #GiftsAndTaxes #ITR #DiwaliGifts #TaxPenaltyAlert #CelebrateSmart #TaxTips has been used frequently in this Post.