Gift Rules For 2024. The annual gift tax exclusion of $18,000 for 2024 is the amount of money that you can give as a gift to one person, in any given year, without having to pay any gift tax. Apple inc.has been warned by the european unionto open up its highly guarded iphone and ipad operating systems to.
Gifts received in india are taxable if the monetary value of all gifts received without consideration by the recipient exceeds inr 50,000. How much money can i gift my children?