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Business & Finance
Giving Money To Children On Diwali? Know The Income Tax Rules Before Transferring It
TL;DR
- Planning to gift money to your children this Diwali? Understand income tax rules for monetary gifts, exemptions for parents, and how interest earned on gifted money is taxed.
Short summary
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Nov 5, 2026 · Updated 11/5/2026, 11:07:28 AM · Reported with: NDTV Profit
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NRI Bytes writes its own articles from the reporting below.
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