https://www.taxtmi.com/acts?id=16107 Rule 6A excludes an article gifted to an individual for personal use from foreign contribution classification where its market value in India on the gift date does not exceed one lakh rupees. The exclusion requires both personal use and compliance with the prescribed market-value ceiling. The ceiling was revised in 2019 from the earlier limit of twenty-five thousand rupees. en-us Thu, 19 Apr 2012 09:43:33 +0530 Tue, 01 Sep 2026 15:13:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16107 Rule 6A excludes an article gifted to an individual for personal use from foreign contribution classification where its market value in India on the gift date does not exceed one lakh rupees. The exclusion requires both personal use and compliance with the prescribed market-value ceiling. The ceiling was revised in 2019 from the earlier limit of twenty-five thousand rupees. Act-Rules FEMA Thu, 19 Apr 2012 09:43:33 +0530 https://www.taxtmi.com/acts?id=16107