Income from shares gifted to minor child gets clubbed with donor’s income | Personal Finance

Infosys co-founder N R Narayana Murthy recently gifted 15 lakh shares of the company to his grandson Ekagrah Rohan Murty, valued at approximately Rs 240 crore, according to a regulatory filing. Even if you are not a tech billionaire, gifting financial assets to family members is a great idea, as such gifts have the… Continue reading Income from shares gifted to minor child gets clubbed with donor’s income | Personal Finance