NRI best friends want to gift cash
My 2 NRI best friends, on in the UK and the other in the US, want to gift cash, via bank transfer, to my daughter on her 18th Birthday.
Will there be any tax implications on this?
My 2 NRI best friends, on in the UK and the other in the US, want to gift cash, via bank transfer, to my daughter on her 18th Birthday.
Will there be any tax implications on this?