What can I do to surprise my wife?
What can I do to surprise my wife?
15 Sweet Surprises for Your Spouse
- Dress Up. When couples get comfortable with each other, they often neglect their appearances.
- Love Notes/Letter.
- Be Spontaneous.
- Massages.
- Try New Things.
- Buy A Gift.
- Chores.
- Get Away.
How can I gift money to my wife to save taxes?
One can put money in PPF or Senior Citizens Savings Scheme (SCSS) in the name of spouse/parents and earn tax-free returns. If you have exhausted the Rs 1 lakh limit under PPF, you can gift money to spouse, parents, adult children or siblings, who can invest it in PPF.
Can I transfer my shares to my wife?
Yes, you can transfer shares from any account to your account by giving off-market delivery instructions slip to holders DP. There are some minimum charges to transfer the shares. As you are doing the transfer of shares within a family, so we don’t see any major issue from the income tax department.
Can I take loan from my wife?
Now, while gift-tax has been abolished but the income from any gifts made to his wife is to be included in the income of the husband under the provisions of Section 64(1) of the Income Tax Act. Besides, a married woman may take a loan not only from her husband but from anybody at all.
How is the gift treated by the lady?
As per section 56 of the Income Tax Act, 1961, if the married lady were to receive the gift amount from her husband or father in law or from her mother in law, then also no tax will be payable by her on the gift amount received by her because such gift has been received from a relative within the definition of the …
Can I gift my daughter money?
You can gift money to your children in lump sums because every UK citizen has an annual tax-free gift allowance of £3,000. This enables you to give money to your children without worrying about inheritance tax. Note that this is a per person allowance, so both parents may gift £3,000 each per year.
