Gift Limit 2025 Per Person. As budget 2025 nears, experts anticipate a possible hike in the standard deduction for salaried individuals and pensioners, potentially increasing it to rs 1 lakh or more. With budget 2025 approaching, individual taxpayers expect key changes, such as higher tax exemption limits, increased rebates, and.
With budget 2025 approaching, individual taxpayers expect key changes, such as higher tax exemption limits, increased rebates, and. $19,000 annual exclusion & $13.99m lifetime exemption.