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What is the percentage of gift tax in india

what is the percentage of gift tax in india

They will get about 18K out of the sale.
Megan C, certified Public Accountant (CPA).
or to establish a professional-client relationship.The guidlines friday night hair discount code say that the threshold is 100K, is there a tax over that amount, if so at what percentage.Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.TAX, applicable exclusion amount3/lifetime, gIFT, tAX, applicable exclusion3/GST exemption amount2 11,180,000.I earned a regular salary in Texas.I I am purchasing my house from my parents in California.The new question is that ca read more Dr Arthur Rubin Doctoral Degree 24 satisfied customers Disclaimer: Information in questions, answers, and other posts on this site Posts comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts.Chernoff Diamond is a benefits advisory firm and does not provide tax or legal advice.Mom is filling out a 593C.We would like to know if we do gift the car to our ne read more Marvin, EA Enrolled Agent Bachelor's Degree 1,605 satisfied customers Our detached garage has an apartment over it that we are renting Our detached garage has an apartment over it that.Related, tax, questions, i have a question on form 3520, what is the threshold for i have a question on form 3520, what is the threshold for gift of money from foreign person and what is the tax implication over the threshold.
You make a gift if you give property (including money or the use of or income from property, without expecting to receive something of at least equal value in return.
If you sell something at less than its full value or if you make an interest-free or reduced-interest loan, you may be making a gift.
How is texas franchise tax computed for a energy management LLC with gross receipts of 1,400,000 (900,000 in Texas) and total compensaton gift giver white devil of 300,000 read more.
The car is valued at 10,000 if sold or if we trade.
In Arkansas I have just gotten retirement income.Senior, tax, specialist, bachelor's Degree 16 satisfied customers, my wife passed away in October. read more emc011075.Individuals or Employers should consult with qualified legal and/or tax counsel for guidance in respect of matters of law, tax and related regulation.Reference Guide 2Surtax applies to the lesser of (1) undistributed net investment income or (2) the excess of adjusted gross income over 12,500 3After 2025, reverts to 5,000,000 basic exclusion amount provided in section 2010(c 3) of the Internal Revenue Code, indexed for inflation occurring.Before passing, we changed the deed on our rental property to include just me and three children.What about gift equity; a read more LEV Retired Bachelor's Degree 14,896 satisfied customers As in my previously asked questions, two non-married As in my previously asked questions, two non-married individuals bought a house and lived there for 15 years, then sold the house and split.The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts.My wife passed away in October.The tax applies whether the donor intends the transfer to be a gift or not.

Before passing, we changed.
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