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Hi. My name is ***** ***** I will be happy to help you with the US tax laws.
You can give your sister and her spouse unlimited amount without having her to pay gift tax. However if the amount is over 100K and is coming from foreign country, she will have to report it that she received a gift, but there will be no tax.
If you are NOT Us citizen or resident, there will be no reporting requirements for you.
According to couple of articles I read about gift tax in India, if the gift is coming from a relative, there's no gift tax either. So, you give her 250K without any tax consequences in US or India.
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