Clever Holiday Gift Ideas for Employees

Editor’s Note: For a look at 2015’s picks see Wow Your Staff with These Clever Employee Gift Ideas. If you need to buy some holiday gifts for your team, you don’t have to settle for standard items. There are plenty of clever and unique options out there that can really appeal to your team members. […]

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Cash received as gift from some relatives is tax exempt

iStockPhoto I had gifted Rs.2 lakh to my spouse, with which she bought some shares. Who will pay the capital gains tax on the sale of these shares? —Kalpesh Dhar The entire money received by an individual from any person without consideration, the aggregate value of which exceeds Rs.50,000 in a financial year (FY), is […]

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