Do you know that you can get married and save on tax?

 Do you know that you can get married and save on tax?

According to Indian Laws, if any non-relative gives you more than INR 50,000 in a year as a gift, you will have to pay tax on it.

But on wedding gifts, you dont need to pay any taxes.

For example for Randir kapoor & Alya bhatt wedding they recieved INR 1 crore worth Audi & 25 lakhs worth watch.

Salman Khan gave Katrina & Vicky a 3 croro worth Range Rover on their wedding.

And rumors have it, that KL Rahul got 2 crore worth BMW as wedding gift from Virat Kholi.

And Sunil shetty gave then 50 croroes worth appartment.

The law says that close family members can give you gifts for any value any time without tax liabilities, this menas that if your friend wants to give you an expensive gift on your birthday, you would have to pay tax on it if its value is more than INR 50,000.

But if the same gift is given on your wedding, there is no tax liability.

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