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Rakhi Gifts: Who Qualifies as a Relative for Income Tax?
11 Aug 2026 · 11 Aug 2026By Anita Bhadra
Rakhi gifts depend on the Income-tax definition of “relative”; cousins and muh-bola siblings are not included in the specified family relationships. The post Rakhi Gifts: Who Qualifies as a Relative for Income Tax? appeared first on TaxGuru .
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