Gifts

Trump failed to disclose gifts worth $250,000, including $47K from India

Former US President Donald Trump has failed to disclose gifts worth USD 250,000 given to the First Family by foreign leaders which included USD 47,000 worth of gifts by Indian leaders, including Prime Minister Narendra Modi, the then President Ram Nath Kovind and Uttar Pradesh Chief Minister Yogi Aditya Nath, a partisan democratic Congressional committee have alleged in a report. The report is titled Saudi Swords, Indian Jewelry, and a Larger-than-Life Salvadoran Portrait of Donald Trump: The Trump administration's Failure to Disclose Major Foreign Gifts. The report presents preliminary findings from Committee Democrats' ongoing investigation into former President Trump's failure to disclose gifts from foreign government officials while in office, as required by the Foreign Gifts and Decorations Act. Trump, a Republican, served as the 45th president of the United States from 2017 to 2021. Committee Democrats are committed to determining the final whereabouts of these missing ...

Putin, Afghans among top gift givers to Biden, family in 2021: Documents

Russia's president and the deposed leader of Afghanistan were among the top gift givers to President Joe Biden and his family in 2021, according to federal documents published on Thursday. In happier times between all three countries, Vladimir Putin gave Biden a $12,000 lacquer writing box and pen when they met at a highly anticipated summit in Geneva, Switzerland in June 2021. And, then-Afghan President Mohammed Ashraf Ghani and his wife gave the U.S. president and first lady Jill Biden silk rugs worth an estimated $28,800 later that month. Relations between the U.S. and Russia turned sour shortly after the Geneva meeting and have plummeted since Russia's invasion of Ukraine last February. Ghani, meanwhile, fled Afghanistan shortly after the U.S. withdrew from the country on Biden's orders in August, 2021. The details were contained in the State Department's annual accounting of gifts to U.S. officials from world leaders posted on the website of the Federal Register on Thursday. T

What does economic research tell us about festival gifting and alcohol?

The Chinese managed to wrest a large part of the $200 bn Christmas gift market but failed to make a dent in the biggest gift segment, alcohol

Year-end indulgence: how to pick the best cakes for gifting

Bakers' shelves have a variety of choices: pick what matches the mood of your celebrations

Carrying Diwali gifts to others, delivery agents hang on to incentive hopes

Delivery partners, riders or executives. Their designations are different, the mission the same shouldering outsized backpacks crammed with everything from lipsticks to lamps, and maybe even laptops, as they zigzag through streets delivering necessities and festivities to our doorsteps. It's Diwali but one edged with anxiety for the band of men on motorcycles and cycles, a familiar sight in cities across India whose work becomes more frantic during festivals. Making an average of Rs 10,000 to Rs 15,000 a month, they hope to earn an incentive, or at least a box of sweets in the season. Chandan, who works with a logistics company that handles couriers for brands such as FirstCry, Snapdeal and Ajio, is one of them. He usually delivers 50-60 parcels a day but this can go as high as 100 during Diwali. Does he get something by way of an incentive for Diwali after working to fulfil orders? The 30-year-old responded with an emphatic no. Let alone incentives, I will count myself lucky if

Gifts received from non-relatives of above Rs 50,000 a year are taxable

Gifts from employer become taxable once their value exceeds Rs 5,000; bonus is also taxable

75th Independence Day: Retailers look to end season sales on a high

Some offering discounts up to 75%, keeping up with the 75th Independence Day theme

Rakshabandhan Top 10 Gift Ideas for Sister which can Help them in Future

Rakshabandhan is being celebrated on August 11, Thursday. Here are the top 10 things you can consider gifting to your sister. Read this article to know everything about the ten gift ideas.

Father's day 2022: Music player to air purifier, six tech products for dads

From music player from Saregama to all-weather air purifier from Dyson, here is a list of consumer tech products and services you can gift your dad on father's day 2022

ED attaches gifts given to Jacqueline Fernandez by conman Sukesh

In February this year, the ED filed a supplementary charge sheet against Pinky Irani, an alleged aide of Chandrashekhar who introduced him to Fernandez

Imran Khan made Rs 142 mn by selling gifts from Toshakhana: Pak minister

Aurangzeb said Khan declared that he earned Rs 141 million till date since he started earning. However, he earned Rs 142 million by selling the precious gifts, she said

Universe of choices to help those who can't decide what to gift this Diwali

Brass is big, health is the new wealth and green is the new gold this festive season, as malls and e-commerce platforms alike go all out to woo the customer with a host of tempting offers

Say it with flowers and candy, health packs and hi-fi this Valentine's Day

While carnations and confectionery still make the cut, practical gifting options such as gadgets and gizmos, home decor, and feel-good beauty hampers are gaining popularity

How Covid-19 has changed the tradition of gifting this festive season

Customary gifting has yielded space to home appliances, wellness products and hi-tech gizmos which make the bulk of presents one buys for oneself and for others

Can mithai and baklava replace chocolate? Two Mumbai stores try to find out

The Byculla-based establishment hopes to reinvent sugary Indian treats and make them a fashionable gifting idea again.

Personalised gifts are all the rage. A guide to the quirkiest options going

Customised, personalised products - objects that are quirky, fun and completely unique - are the current rage in gifting

Financial gifting can have roadblocks, especially if the recipient is minor

Stocks can be easily transferred, but gifting mutual funds and life insurance to distant relatives, family or friends is more complicated

Corporate gifting: Gold and silver play second fiddle to tech this Diwali

Companies have moved from the traditional coins, idols and mithai towards futuristic gizmos devices and personalised items. Work out your tax liability if you receive an expensive item or cash

Centre relaxes gift policy for employees, hikes monetary limits

Officials under Group A and Group B cannot accept any gift without the nod of the government if the value exceeds Rs 5,000

Gifting away 'got' presents

Who is to judge that the presents one so thoughtfully spends time choosing aren't somebody else's idea of junk?