Gift Tax

NBR may cut source tax on essential food supplies

Gifts not sweet anymore as NBR mulls taxes

If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.

June 12, 2024
June 12, 2024
NBR may cut source tax on essential food supplies

Gifts not sweet anymore as NBR mulls taxes

If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.