https://www.taxtmi.com/notifications?id=25322 Members of Indian delegations must, within thirty days of receipt or of return to India, report gifts or presentations to the Secretary of the sponsoring Ministry or Department, providing details including the foreign source, approximate market value, date and place. Gifts above the recipient's valuation threshold or whose aggregate value exceeds the threshold must be deposited with the Secretary, who forwards them to the Toshakhana for assessment by a designated Board; valuation disputes go to the Home Affairs Secretary. Gifts assessed below the retention threshold may be returned, with one gift returnable when multiple items are involved and a final purchase option available to the recipient. en-us Wed, 06 Jun 2012 00:00:00 +0530 Sat, 28 Jun 2025 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=25322 Members of Indian delegations must, within thirty days of receipt or of return to India, report gifts or presentations to the Secretary of the sponsoring Ministry or Department, providing details including the foreign source, approximate market value, date and place. Gifts above the recipient's valuation threshold or whose aggregate value exceeds the threshold must be deposited with the Secretary, who forwards them to the Toshakhana for assessment by a designated Board; valuation disputes go to the Home Affairs Secretary. Gifts assessed below the retention threshold may be returned, with one gift returnable when multiple items are involved and a final purchase option available to the recipient. Notifications FEMA Wed, 06 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/notifications?id=25322