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How is money gifted by Indian parents to NRI children and relatives taxed?

How is money gifted by Indian parents to NRI children and relatives taxed?
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Suresh Surana , While Das , Income Tax Act , Income Tax Rules , Liberalized Remittance ,

Centre Imposes 20% TCS On International Credit Card Spending

The Centre on Tuesday brought international credit card spending outside India under the Liberalised Remittance Scheme (LRS) and issued an explainer on Wednesday to clear any confusion. ....

New Delhi , Aalok Agrawal , Centre On , Tax Collected , Remittance Scheme , Finance Ministry , Liberalised Remittance Scheme , Shreya Suri , Reserve Bank , Liberalized Remittance , Deloitte India , Liberalised Remittance , Credit Card Spending , Nternational Foreign Remittance ,

ED seizes property worth Rs 41.64 crores belonging to Zavareh Poonawalla and family in Pune

The #EnforcementDirectorate investigation revealed #ZavarehSoliPoonawalla and his family members had remitted foreign exchange abroad by misutilization the provisions of LRS scheme. ....

United Kingdom , City Of , Zavareh Poonawalla , Zavareh Soli Poonawalla , Stallast Limited , Liberalized Remittance , Ceejay House ,

Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers

Three properties worth Rs 41 crores were seized by the Enforcement Directorate, under Foreign Exchange Management Act (FEMA) provisions, after the name of a businessman appeared in Panama papers regarding offshore entities, the agency said on Monday. ....

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Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers

Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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