Gift Limit 2025 Per Person Limit. For 2024, the irs has set the annual gift tax exclusion at $18,000 per individual. Deposits in a ppf account can range from ₹500 to ₹1.5 lakh per financial year.
In addition, the estate and gift tax exemption will be $13.99 million per individual for 2025 gifts and deaths, up from $13.61 million in 2024. It is not limited to gifts received on the wedding day but extends to the period around the.