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RATES OF GIFT‑TAX RATE

1. On the first Rs. 50,000 of the value of all taxable 5 per cent. gifts. 2. On the next Rs. 1,00,000 of the value of all taxable 10 per cent. gifts. 3. On the next Rs. 1,50,000 of the value of all taxable 15 per cent. gifts. 4. On the next Rs. 5,00,000 of the value of all taxable 20 per cent. gifts. 5. On the next Rs. 10,00,000 of ...

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