Q271. Gifting money from UK to father in India

Question: Hi, Can please clarify this for me. I am an Nri staying in the Uk I am sending some money to my dad to buy so me property in Indi

Answer: What is the maximum amount my dad can receive from me and my sister- who is also an nri separately as gift without getting taxed, he is retired. Thakur A. While there is a limit of Rupees 50,000 for gifts involving non-relatives, no limit applies to gifts sent to parents. You father will not be taxed on any of the money that you or your sister send him. Their is no limit to the amount of money that you can send. When sending money to your father, always use legal banking channels to transfer the money.