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RE:how to gift money
by Vikram Dahiya on Jul 10, 2008 09:47 AM

Good Article but falls short of explaining how Mr. Zero tax wala can gift his taxable salary to family members without paying tax on his own income which is say 13 Lacs in this case.
It will be great if some one can say its possible.
Thanks,
Regards,
Vikram Singh

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Family income of Rs 13.10 lac & zero tax