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What are the charges for gifting stocks?

The charges for gifting are 0.03% of the gift value or ₹25 whichever is higher, plus 18% GST is charged per company or ISIN.

Shares of Airtel, Britannia, and Coal India are to be gifted to a family member on June 3rd 2021. In this scenario, the charges will be calculated as follows:

Share Quantity (A) Closing Price in ₹
(B)
Value A*B (in ₹) 0.03% (in ₹) ₹25 Considered Amount (in ₹)
Airtel 25 532.05 13,301.25 3.99 ₹25 25
Brittania 26 3,496.25 90,902.5 27.27 ₹25 27.27
Coal India 100 149.05 14,905 4.47 ₹25 25
Applicable charge 77.27
GST @18% 13.91
Total charges in ₹ 91.18

Did you know?

  • The highest closing price of the stock between NSE and BSE is taken for calculation of charges.
  • There can be a difference of a few paise in charges since they are rounded off to two decimal places.