In case of gift of shares to ones near and dear, then how should one proceed to get them registered in the books of Hero Honda Motors Limited? Does it attract stamp duty?
The procedure of registration of shares gifted to some one is same as the procedure for a normal transfer. The stamp duty is also applicable in case of gifted shares, and the present rate of duty is 0.25% of the market value prevailing on the date of execution of the transfer deed by the transferee.
Related Questions
- In case if any person had purchased shares of Hero Honda Motors Limited long time back but forgot to get them transferred in his name. What procedure he should now follow?
- In case of gift of shares to ones near and dear, then how should one proceed to get them registered in the books of Hero Honda Motors Limited? Does it attract stamp duty?
- In case one happens to have purchased shares of Hero Honda Motors Limited, then how he can get them registered in his name and how much time it would take?
