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July 6, 2025
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Can gifting assets to family members lead to tax efficiency?
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Can gifting assets to family members lead to tax efficiency?

TheSpuzz Desk6 months ago08 mins

Source: Live Mint For instance, if assets are gifted to a spouse, any income generated from those assets will be clubbed with the income of the person who originally owned the asset. In the case of a minor child, any income generated from those assets will be clubbed with the income of the highest-earning family…

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