https://www.taxtmi.com/acts?id=47215 An amendment inserts a new clause into section 5(1) of the Gift tax Act conferring an exemption for property in the form of specified Relief Bonds, as notified by the Central Government, limited to transfers by individuals or Hindu undivided families and subject to an aggregate monetary cap across one or more previous years; the exemption is available only to persons who initially subscribed to the Bonds. en-us Wed, 08 Jan 2025 12:00:52 +0530 Wed, 08 Jan 2025 12:00:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47215 An amendment inserts a new clause into section 5(1) of the Gift tax Act conferring an exemption for property in the form of specified Relief Bonds, as notified by the Central Government, limited to transfers by individuals or Hindu undivided families and subject to an aggregate monetary cap across one or more previous years; the exemption is available only to persons who initially subscribed to the Bonds. Act-Rules F. Acts / Amendment Acts Wed, 08 Jan 2025 12:00:52 +0530 https://www.taxtmi.com/acts?id=47215