An item given to someone without the expectation of payment

उपहार

English Usage: She received a lovely gift wrap for her birthday.

Hindi Usage: उसे उसके जन्मदिन के लिए एक प्यारा उपहार मिला।

To cover something with paper or other material

लपेटना

English Usage: He will gift wrap the presents for the party.

Hindi Usage: वह पार्टी के लिए उपहारों को लपेटेगा।