I am an NRI based in Canada and expect to inherit property and financial assets from my parents in India. What should I do to avoid tax com...

Wealthy Indians can use GIFT City to avoid US inheritance tax on offshore investments. IFSCA is seeking tax parity for funds in GIFT City t...

Advocate Prashant Bhushan has voiced his support for the inheritance tax, urging the Congress party to embrace Sam Pitroda's stance on the ...

Shivraj Singh Chouhan condemns Sam Pitroda's comparison of India with America on inheritance tax, criticizes Congress for proposed policies...

One of the arguments advanced for the levy of inheritance tax is that countries like the US do so. Without getting into intricacies of the ...

The Congress refuted Prime Minister Narendra Modi's claims that former PM Rajiv Gandhi abolished inheritance tax to safeguard his family's ...

What is inheritance tax: When someone passes away, it's important to understand that there are two types of taxes that may apply - estate a...

Ever since inheritance tax was abolished in 1985, it keeps hitting the news from time to time. Many times it is speculated before the prese...

Inheritance tax is a tax levied on the value of the deceased's assets paid by their heir(s). Herein lies the fundamental injustice of such ...

Find out if you incur any tax liability for the movable and immovable property that has been left to you by relatives.

Known as the estate tax, it is levied on the value of assets passed on to legal heirs through inheritance. Here is what four experts have t...

In the past few years, some Indian families have sent at least one of their heirs to either the US or Europe with the objective of saving t...

Businesses are rejigging family trusts and structures are being created to minimise the risk of getting taxed in India, US and Europe.

Given the present state of the Indian economy, we may not really require a new income-tax rate for the super rich taxpayers.

Estate duty is known in many countries as the 'death tax'. In US, estate tax is imposed on the transfer of 'taxable estate' of a deceased p...

Any gifts in excess of Rs 50,000 received by an individual, including NRIs, will be taxed in the hands of the receiver.

India does not tax inheritances at the time when such inheritance is received. Tax is levied only on the income generated by the receiver.