Annual Gift Limit 2025 Over 50. The following is a chart of the federal estate tax exclusions. Gifts in india are subject to taxation if they exceed a certain value and are not received from specified relatives or on certain occasions.

Each year, taxpayers can gift up to what is called the “annual exclusion amount” (in 2025, $19,000 per donor per recipient; Nps contributions of up to rs 50,000 to the national pension system (nps) under section 80ccd(1b) qualify for deductions only under the old tax regime,.