Parents funding your home down payment? Is the money tax-free, can it invite scrutiny, documents needed — FAQs answered

3 weeks ago 21

As rising property prices make down payments harder to afford, some young Indian homebuyers may rely on financial help from parents. Here's whether the money is tax-free, can it invite scrutiny and documents required to avoid trouble.

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Parents funding your home down payment? Is the money tax-free, can it invite scrutiny, documents needed — FAQs answered

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