I Need to Send Some Money to India to My Father from Us. Does He Need to Pay Tax on It in India?how Much?

I need to send some money to India from US. I am planning to do a wire transfer through my bank account in US. Does my father have to pay tax on it? how much?
thanks

Suggestion:

The amount sent by you to your father will be treated as Gift. (Gift from son to father) .

Gifts between blood relatives are tax free. So no gift tax .

But your father has to pay income tax if he earns any income on the amount of gift he received from you. Suppose if you have sent one crore to your father as gift. No gift tax. But your father has deposited the same in some bank as FD and say he has earned Rs.8,00,000 as interest. Then your father has to pay tax on 8 lakhs interest amount as per slab rates .

But if your father has purchased a house with that one crore and living in it. Then no tax at all. But if the house is given on rent, then your father has to pay tax on the rent amount .

Hope it is clear to you .

Tagged as: gift of money to father in india, IF MY father giftS house in india will I have to pay tax in US, wire transfer to blood relative in india