Question

What are the inherited gifts

Answer 1

Inherited gift is a taxed gift which was applied on 28 February, 1974 In India .For example if you Buy a gift a costly gift for your friend & send it through a courier You have to pay tax. The more costly the gift the more the tax is. Highest tax is 33%

Answer 2

Inherited gift is a characteristic which we get from our parents during Sexual Reproduction. Plz mark as a brainliest