- Home /
- Blog /
- NRI Income Tax /
- My NRI son gifts Rs. 3,00,000 to me in India. What is my tax liability?
My NRI son gifts Rs. 3,00,000 to me in India. What is my tax liability?

SBNRI Team
answered on 09/02/2021
Gift from an NRI Relative to a Resident Indian is exempt from tax in India for both giver and receiver. Therefore, you don’t have any tax liability in India.
Related Questions

SBNRI Team
answered on 16/11/2020
A Roth IRA is funded by your post-tax income. Therefore, withdrawals are tax and penalty-free. However, if you have had your Roth IRA for less than 5 years or you haven’t reached the retirement age of 59 and a half, the earnings can’t be withdrawn. If you withdrawal your earnings before maturity then tax […]

SBNRI Team
answered on 05/03/2021
Non residents having income from salary in India are generally required to file their return in ITR Form 2. However, we need to thoroughly check all the different sources of income and then can decide which ITR form will be applicable. You can connect with our taxation expert directly on WhatsApp using the button […]

SBNRI Team
answered on 16/11/2020
As an NRI, your salary earned in UAE won’t be taxed in India. Hence, in such a case there is no need to fill Schedule TDS and the income can be disclosed as exempt income in the ITR. For assistance with filing your tax returns in India, click on the button below and connect […]

SBNRI Team
answered on 24/05/2023
Only the interest that you earn from your NRO Account is taxable. Therefore, the interest on the money that your friends or family will deposit will be taxable in India. Also, there are certain limitations and tax implications while accepting and sending gifts as an NRI. Click on the button below to connect with […]