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No. Q/Prop.II/867/01/2014 Government of India Ministry of External Affairs Delhi Dated: 15th October, 2014TENDER DOCUMENTS Providing Housekeeping and Pest Control services required at Jawaharlal Nehru
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QPROP stands for Qualified Personal Residence Trust, which is a type of irrevocable trust that allows an individual to gift a personal residence or vacation home at a reduced gift tax value.
Individuals who have set up a Qualified Personal Residence Trust are required to file qprop.
QPROP forms can be filled out online or by paper, and must include information about the trust, the property being transferred, and the beneficiaries.
The purpose of qprop is to transfer ownership of a personal residence or vacation home to beneficiaries at a reduced gift tax value.
QPROP forms must report information about the trust, the property being transferred, the beneficiaries, and the value of the property.
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