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Raksha Bandhan 2023: Is gifting cash to your sister taxable? Income tax rules explained here

Raksha Bandhan 2023: The gifts are taxable in the hands of the recipient under Section 56(2)(x) but gifts from certain specified relatives are outside the scope of this provision ....

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When is Raksha Bandhan 2022? Date, Muhurat, Significance and How to Celebrate Rakhi

RAKSHA BANDHAN 2022: Raksha Bandhan is one of the most auspicious festivals dedicated to the bond between sister and brother. On this day, sisters tie a holy thread on the wrist of their brothers and celebrate the bond of affection and respect with them. This festival is celebrated in the Hindu community across the country with zeal and enthusiasm. Raksha Bandhan is also popularly known as Rakhi. The festival falls on Purnima Tithi of Shukla Paksha in the month of Sawan. This year, the day will be celebrated on two dates i.e. August 11 and 12. ....

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