Money Matters
Mar 19, 2020
2 minutes
ILLUSTRATION BY RAJ VERMA
TAXATION
Rajesh Uttam Motiramani
I am 50, single, work with the central government and am in the 30 per cent tax slab. I want to gift my niece, who turned 18 on January 29, 2020, a cheque in favour and open an auto-sweep savings bank account in her name with her father/my brother as guardian.
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