Are gifts from relatives taxable in India?

No. Gifts received from specified relatives are fully exempt under Section 56(2)(x) of the Income Tax Act.

What is the gift limit for non-relatives?

If aggregate gifts from non-relatives exceed ₹50,000 in a financial year, the whole amount is taxable under 'Income from Other Sources'.

Are marriage gifts taxable?

Gifts received on the occasion of marriage are fully exempt, regardless of the amount or source.

Can HUF receive gifts?

Yes, HUF can receive gifts. If received from relatives, they are exempt; otherwise, normal gift rules apply.

Is gift tax applicable in 2025?

Yes. Under Section 56(2)(x), gifts above exemption limits are taxable in the hands of the recipient in 2025.

Gift Tax Calculator India 2025 | Free Online Tool • FileBob.in

🎁 Check Taxability of a Gift

Enter the gift amount, who gave it (relationship), and whether it was on marriage / under will. We'll tell you whether the recipient needs to pay tax.

📌 Practical Examples

Example 1 — Gift from Relative

Uncle gifts ₹10,00,000 to Raj HUF. HUF invests in FD and earns ₹80,000 interest.
Outcome: Gift itself is not taxable (relative). FD interest is taxable in HUF’s hands.

Example 2 — Transfer of Individual Savings to HUF

Raj transfers ₹5,00,000 (his salary savings) to HUF. HUF FD earns ₹40,000 interest.
Outcome: Interest tends to be clubbed back to Raj under tax rules — no benefit from shifting personal funds.

Example 3 — Gift on Marriage

Gifts received by a person on the occasion of marriage are exempt from tax (document the occasion).
Outcome: Generally not taxable.

Example 4 — Gift from Non-Relative (Above ₹50k)

Friend gifts ₹1,00,000 to you in a year. Total > ₹50,000 threshold.
Outcome: Entire ₹1,00,000 is taxable as 'Income from Other Sources' in recipient's hands.

Example 5 — Gift under Will or Contemplation of Death

Property or money received under a will → generally exempt. Keep legal documentation.

⚠️ This tool gives simplified guidance based on Section 56(2)(x) & commonly applied rules (relatives/marriage/threshold). It is for educational purposes only. For complex cases, cross-border gifts, large receipts or disputed cases consult a qualified tax professional or refer to official Income Tax guidance.