FinanceHub
Finance articles, calculators, and rate tables
Gift & Remittance Limit Calculator
Estimate US gift-tax implications of sending money to India — and whether the Indian recipient owes income tax. Thresholds are user-adjustable because they change every year.
⚠ Estimate only — NOT tax or legal advice
US gift-tax thresholds are inflation-indexed and change every year. The lifetime exemption (2026: $15,000,000) is inflation-adjusted annually — verify the current figure at IRS.gov before use. India gift-tax rules depend on the exact relationship. These figures are as of 2026 and must be verified before use. Consult a qualified cross-border tax professional before making large transfers.
Fetching current exchange rates…
Other amounts already given to the same recipient in 2026. Leave blank or 0 if this is the first transfer.
Cumulative total of prior taxable gifts (i.e., amounts above annual exclusion in past years). Typically $0 unless you've made very large gifts.
$19,000 for most recipients; $194,000 for non-citizen spouses. Updated automatically by recipient type. Verify IRS Rev. Proc. for the current year.
$15,000,000 for 2026 — inflation-adjusted annually. Verify the current figure at IRS.gov before use.
Fetching exchange rates…
US gift tax: givers pay, not receivers. No tax is owed until the lifetime exemption is fully used. The annual exclusion resets each calendar year. Gifting to your own NRO/NRE account is NOT a gift (it's your own money) — no gift tax implications. This calculator does not cover FinCEN reporting (FBAR), FATCA, or wire-transfer bank reporting thresholds.
Track what your home is really worth
nestmargin.com gives you a single view of your cross-border net worth — property values, currency exposure, and the real equity picture. Free to get started.