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    Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Regulations, 1978
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    Acceptance of foreign gifts: reporting, deposit, valuation and purchase option govern retention by delegation members.
    Members of Indian delegations may accept foreign gifts but must, within thirty days, notify the Ministries concerned of receipt, source, approximate Indian market value, place and date, and other details. Such gifts must be deposited with the sponsoring Ministry/Department Secretary, who forwards them to the Toshakhana for valuation within thirty days; that valuation is final. Gifts below the retention threshold are returned (subject to one-item limit per delegation); gifts above the threshold are retained unless the recipient exercises a thirty-day option to purchase by paying the difference between assessed value and the threshold.

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      ActsIncome Tax