According to the Income Tax Act, 1961, tax implications depend on how gold and silver assets are acquired — whether through ...
A growing number of retirees plan to cut back on gifting to children and grandchildren due to rising financial pressures. The average retiree currently spends about £2,500 annually supporting younger ...
The seven-year rule allows you to make a larger gift to a person, above your annual allowances, but you have to survive for ...