2024 Cash Gift Limit

2024 Cash Gift Limit. Any person cannot receive more than rs.2 lakh as cash gift in india from a person in a day in a single transaction as per the tax law under section. The federal gift tax requires people to pay taxes on gifts that exceed specific amounts.


2024 Cash Gift Limit

In 2024, the annual limit is $18,000 per recipient. The gift tax exemption for 2024 is $18,000 per gift recipient.

2024 Cash Gift Limit Images References :