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    <title>Are monetary gifts received from abroad liable to tax?</title>
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    <description>Monetary gifts received by an individual or Hindu Undivided Family are taxable where the aggregate value of monetary gifts received during the year exceeds Rs. 50,000, unless such gifts fall within prescribed exceptions; this chargeability applies to gifts received from India or abroad.</description>
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      <description>Monetary gifts received by an individual or Hindu Undivided Family are taxable where the aggregate value of monetary gifts received during the year exceeds Rs. 50,000, unless such gifts fall within prescribed exceptions; this chargeability applies to gifts received from India or abroad.</description>
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