Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios

Gifting stocks to close relatives is often tax-exempt under Indian tax laws.

Gifts to non-relatives exceeding ₹50,000 are taxable as income.

Tax implications depend on the relationship between donor and recipient.

The article compares tax rules for gifting to spouse, child, or friend.

Proper planning can help avoid unexpected tax liabilities when gifting stocks.