What is Gift Tax on Shares?
Gift Tax on Shares — Shares received as a gift above ₹50,000 from a non-relative are taxable in the receiver’s hands; gifts from close relatives are exempt.
In simple terms
A share gift from a friend above the limit is taxable.
Why Gift Tax on Shares matters when you invest
Understanding gift tax on shares helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Gift Tax on Shares — frequently asked questions
What is Gift Tax on Shares?
Shares received as a gift above ₹50,000 from a non-relative are taxable in the receiver’s hands; gifts from close relatives are exempt.
What does Gift Tax on Shares mean in the stock market?
Shares received as a gift above ₹50,000 from a non-relative are taxable in the receiver’s hands; gifts from close relatives are exempt. A share gift from a friend above the limit is taxable.
Can you give an example of Gift Tax on Shares?
A share gift from a friend above the limit is taxable.
Related terms
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