What are the tax implications of gifting shares to your grandson?
Infosys co-founder and chairman emeritus NR Narayana Murthy has gifted Infosys shares worth ₹240 crore to his four-month-old grandson, Ekagrah, who now holds a 0.04% stake in the company. This gesture follows the tradition of grandparents gifting shares, gold, cash, and other assets, but this raises questions about the tax implications for both the giver …
