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Any amount received by relatives is not taxable at all
So if a relative gives you gift in form of cash/cheque or in consideration, you will not have to pay any tax on the amount received
from the top result below
https://financeband.com/do-you-have-to-pay-taxes-on-money-inherited-from-a-trust
Any amount received by relatives is not taxable at all
So if a relative gives you gift in form of cash/cheque or in consideration, you will not have to pay any tax on the amount received