Can I send personal loan money to my parents in India?

Hi, I'm currently living in UK. My parents are in India and they've some debt due to health and personal stuff. I want to clear that by taking personal loan here in UK and sending that to my parents account in India. I want to know if I should pay any tax for this or is it okay to send? Thanks in advance.

Hi Yogeshms,
There is no tax to pay on it and no tax relief.
You may wish to contact the lender though to see if this is allowed.
Thank you.