Gift tax rules in India is quite elaborate and people sending or receiving gifts need to be conversant with it to avoid paying penalties. The rule is quite clear on the fact of the gift tax rate, which does not charge anything up to the limit of Rs. 50,000 on an annual basis. However, if a person receives gift in cash or kind in a year exceeding the upper limit, then they have to pay the tax on gift for the entire amount and not just the amount exceeding the upper limit. The entire amount adds up to the total income of that person and become payable according to the relevant income tax slab....more
Chances are you have heard about Rajasthan tradition, culture, arts and crafts.
Rajasthan is a state India wells-renowned for its colorful culture, tradition, arts and crafts.
German silver items are some of the most elaborately fabricated and beautiful items that are also functional and this make them popular items among those who shop Indian handicrafts.
German silver is really an alloy made with copper, nickel, zinc and at times tin and was called German silver due to its silver white color....more
Raksha Bandhan is one of the most popular of festivals celebrated across the entire length and breadth of the country.
Even though India has been a land of festivals and religious traditions since time immemorial, this particular event has had a lot of personal significance for all those celebrating it. It is primarily because of its premise, which involves the spirit of love and bonding between brothers and sisters.
Corporate gifting forms an integral part of healthy corporate culture, and helps in showing appreciation for employees’ performances. Thus, corporate gift ideas can come in quite handy to those business owners who are considering making the most of this opportunity to form a better working relationship with their employees....more
Few things make her feel more special than a well thought out surprise. I’m not sure why a gift is better when it comes as a surprise rather than something expected, but over the years I’ve discovered the response is definitely different.
Depending on what your beloved enjoys, you’ll want to come up with your own surprises. But here are few ideas to get your creative juices flowing.