Posted inEducation Banking Gift Tax India 2026: Is Your Diwali Gift Taxable? (7 Scenarios)Gift Tax India 2026: Is Your Diwali Gift Taxable? (7 Scenarios)Gift tax in India 2026 follows Section 56(2)(x) of the Income Tax Act. Gift tax in India no longer has… Posted by Mukesh Rajbhar September 21, 2026