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Business

Are NRIs taxed on money gifted to a Hindu Undivided Family?

LiveMint - Money ·
Are NRIs taxed on money gifted to a Hindu Undivided Family?

The gift of money from your NRO bank account to your father’s HUF will not create any tax liability for you, as a gift of money is not taxable in the hands of the person making the gift.

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