u/ExpressFlatworm3264

Hello, I'm considering gifting some money to my father (who is a senior citizen) and having him invest it in a Fixed Deposit in his own name. As far as I understand, gifts from a child to a parent are exempt from gift tax provisions, and the interest earned on the FD would be taxable as per my Father's tax regime.

I am planning to get the amount transferred via bank transfer and mentioning it as "Gift for investment".

Before proceeding, are there any other tax or legal clauses I should be aware of?

Also, what is the best way to get the money on maturity.

I recently bought a dash cam for my car and I’m looking for someone reliable who can do a clean installation.

If anyone has a trusted installer/contact number/shop recommendation in Chandigarh (Near IT park), please share. Would appreciate info on installation quality and approx cost.

Hey guys, please suggest a good place for foam wash for a car near MDC/IT Park area.

Searched few options but the reviews are not that good.

Please suggest if anyone knows a good place and price they charge.