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โš ๏ธ Important Notice

Disclaimer & Liability

Please read this carefully before using GiftKhata

On this page
1 Personal Ledger Only 2 User-Entered Data 3 No Legal Proof 4 Not a Tax Service 5 Data Privacy 6 Limitation of Liability
๐Ÿ“… Last updated: March 2026 ๐ŸŒ Applies to: giftkhata.com & mobile apps ๐Ÿ‡ฎ๐Ÿ‡ณ Jurisdiction: India
GiftKhata is a personal record-keeping tool. It is not a bank, wallet, payment gateway, or financial service of any kind.
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01Personal Ledger Only

GiftKhata is designed purely as a digital notebook for recording gifts received and given at personal and family events. It does not hold or move real money, operate as a payment system, or provide banking, investment, or financial services of any kind.

Think of GiftKhata as the digital equivalent of your family's paper bahi-khata โ€” a convenience tool for personal memory keeping, nothing more.

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02User-Entered Data

All information stored in GiftKhata is entered manually by the user. Gift amounts, descriptions, people names, and events are based solely on what users type into the app and may be inaccurate, incomplete, or approximate.

GiftKhata does not verify, validate, audit, or guarantee the accuracy of any entry. Users are fully responsible for checking and maintaining the correctness of their own records.

No automated data collection from payments, banks, or UPI apps occurs. Everything is user-typed.
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03No Legal or Financial Proof

Entries recorded in GiftKhata are intended only as personal notes and convenience records. They do not constitute legal proof of any payment, debt, or obligation between any parties.

GiftKhata should not be treated as a replacement for legally valid documents, receipts, contracts, or bank statements. In case of any dispute, users must rely on their own independent evidence.

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04Not a Tax, Legal, or Accounting Service

GiftKhata does not provide tax, legal, or accounting advice. Gift entries are not designed for filing income tax returns or complying with any statutory requirements.

Users are solely responsible for understanding and following applicable laws, including Indian tax laws related to gifts. Consult a qualified CA or legal professional for such matters.

Gift receipts above โ‚น50,000 from non-relatives may be taxable under Indian income tax law. Consult a CA for guidance.
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05Data Privacy

GiftKhata may store personal data such as names, relationships, and gift details. We take reasonable measures to protect stored data; however no system is 100% secure. Users should keep their devices and login credentials safe.

GiftKhata does not sell gifting records to advertisers or third parties. Limited sharing may occur only as described in our Privacy Policy and always in compliance with India's DPDP Act 2023.

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06Limitation of Liability

GiftKhata, its founders, and its team will not be responsible for any loss, dispute, or damage arising out of:

  • Incorrect, incomplete, or fraudulent entries made by users.
  • Use of app screenshots or records as evidence in personal or legal disputes.
  • Any decision taken solely on the basis of data stored in the app without independent verification.
  • Temporary unavailability of the app, data loss, or unauthorised access caused by user negligence.

By using GiftKhata, you agree that you are using the app "as is" and "as available", and that you are solely responsible for how you interpret and use the information stored in your ledger.

If you do not agree with any part of this disclaimer, please do not use GiftKhata or delete your account and data from the app.
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