Tax implications of gifting funds

Transferring PPF maturity funds? Know the tax implications before you do | Mint

TheSpuzz Desk3 months ago06 mins

Source: Live Mint My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and balance ₹7 lakh to our daughter. What will be the tax position implications for all of us? As from April, interest will be earned in my name. I should and will be…

Tax implications of gifting funds to minor daughter to invest in US stocks | Mint

TheSpuzz Desk3 months ago05 mins

Source: Live Mint I have gifted some money to my daughter when she turned 16. We both are residents. I have set up her custodial account in US for investment in Nasdaq-listed stocks from this gifted money. I would like to understand the potential tax implications in India on this. -Name withheld on request As…

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Tax implications of gifting funds

Transferring PPF maturity funds? Know the tax implications before you do | Mint

Tax implications of gifting funds to minor daughter to invest in US stocks | Mint