Quick Summary: Gift Tax Calculator

In FY 2026-27, gifts from 'non-relatives' are taxable as 'Income from Other Sources' if the total value exceeds ₹50k in a financial year. However, gifts from defined relatives (spouse, siblings, parents) or gifts received on the occasion of marriage are 100% tax-free regardless of the amount.

How to use the Gift Tax Calculator

  1. Select Giver Type

    Specify if the person giving the gift is a defined 'Relative' under the IT Act.

  2. Select Occasion

    Indicate if the gift was received on your marriage or via inheritance.

  3. Enter Gift Value

    Input the total cash or Fair Market Value (FMV) of the asset received.

  4. Review Tax Liability

    The tool checks the ₹50,000 threshold and applies your slab rate if taxable.

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Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.