In this video, Vishvajit Sonagara, founder of @Quicko, explains how gifting shares, property or monetary gifts are taxed in India.
You can gift your loved one's stocks, ETFs, and bonds from your Zerodha account. Watch this video to learn the process: • How to gift stocks, ETFs and bonds to...
0:00 Introduction
1:45 What is a gift as per the Income Tax Act?
2:55 Tax implications on gifts in India
5:53 Calculating the taxable value of a gift
8:28 How to declare tax on gifts in India?
9:15 Closing