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How to get grand parent gift money legally and no tax from India ?


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Posted

any ideas on how to and any limits ?

do we have to pay tax in india or usa ?

is gifting to grand children free ?

how to transfer from India to usa ..

 

Posted
8 hours ago, CherryGaru said:

any ideas on how to and any limits ?

do we have to pay tax in india or usa ?

is gifting to grand children free ?

how to transfer from India to usa ..

 

Education purpose ithe free anukunta from India otherwise 20%. US lo no tax upto certain amount 

  • 1 month later...
Posted

I did something similar last year—my grandparents gifted me some money from India, and I documented it as a gift with a simple gift deed. No tax issues since it’s from direct blood relatives. I also brought them a digital picture frame as a thank-you, preloaded with family photos, and they loved it. Made them super happy seeing our pics flip through every day.

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