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Anil Rego |388 Answers |Ask -Follow

Financial Planner - Answered on Jun 14, 2022

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more

Question by Ganesh on Jun 14, 2022Hindi

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2) Which is better option: to Gift shares by transferring or sale

Ans: Gifting of shares is preferred as there is no tax incidence on the gifting to relatives (as defined in the IT Act). Only when these shares are sold will the tax be applicable. The purchase consideration for calculation of capital gains will be the purchase price of the person who gifted the shares.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Anil Rego |388 Answers |Ask -Follow

Financial Planner - Answered on Apr 27, 2023

Question by RITESH - Apr 26, 2023Hindi

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RITESH SHAH My Daughter is currently 6 years old, I want to gift her these shares and the holding period can be more than 25 years. Kindly provide your valuable Guidance whether I should proceed ahead or switch to other companies. 1. Abbott India - 25 Shares @ 20000. 2. Nestle India - 25 Shares @ 19500.

Ans: While both are MNC companies and have done well in the past, I prefer you instead gift a diversified equity mutual fund. The fund would manage the underlying stocks and provide better diversification than a 2 stock portfolio.

Mihir Tanna |1054 Answers |Ask -Follow

Tax Expert - Answered on Jan 18, 2024

Asked by Anonymous - Jan 16, 2024Hindi

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My father wants to transfer shares worth 30Ls to me. My questions are : 1. Is this taxable? i.e If I sell and I withdraw money after transferring to me? 2. Is it taxable, If my father sells and give me money as gift? I would prefer to keep 25% shares and sell the rest so that I can raise money and repay my home loan.

Ans: Transfer of shares by father to its son under gift deed will not be considered as income and accordingly not taxable. When son transfer shares, cost and period of holding of father will be considered for calculating Income from capital gain.

Mihir Tanna |1054 Answers |Ask -Follow

Tax Expert - Answered on Aug 31, 2024

Question by bulk - Aug 30, 2024Hindi

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Shares transfer within family : On CSDL Easiest i am trying to transfer shares to my father so no tax implication ( tax only when my father sells shares) option 1 is Transfer between specified family member and then sub option father Option 2 Gift and no sub option ( free text ) . Which option to chose so its considered as transfer to family with no tax implication ( tax only when receiver - my father sells based on the profit )

Ans: Shares transferred by son to father without consideration with gift deed will not be considered as income in the hands of father.

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Question by Vaishnavi - May 27, 2025

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Sir I got 162 marks in met and 90% in boards. What branch can I get in main campus manipal?

Ans: Hi Vaishnavi,
To find out the Rank, use the below-mentioned formula.
MET(200) + BOARD (P+C+M+E =400)
------------------------------------------------------ = RANK
2

Find out the rank and then plan.
BEST WISHES.
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Question by Jishnu - May 28, 2025

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Sir what would be my rank and probable branch with 115 marks in MET and 91 Percentage overall of board.Please kindly guide .

Ans: Hi Jishnu,
To find out the Rank, use the below-mentioned formula.
MET(200) + BOARD (P+C+M+E =400)
------------------------------------------------------ = RANK
2

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Question by Divyansh - May 30, 2025

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158 marks in met and 83.2% in boards , what can be my rank?

Ans: Hi Divyansh,
To find out the Rank, use the below-mentioned formula.
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------------------------------------------------------ = RANK
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BEST WISHES.
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Question by Roopa - May 30, 2025

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This is expected score Sir ..kindly advise seat through mcc and karnataka state quota

Ans: Hi Roopa,
You did not provide the required information to answer your question.

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NEET, Medical, Pharmacy Careers - Answered on May 30, 2025

Asked by Anonymous - May 30, 2025

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Is there any supplementary phase for VIT VELLORE, for vacant seats or cancelled seats.

Ans: Hi, please visit the VIT website for more information.
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Question by Avi - May 30, 2025

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Securing 540 in neet if 2025 gen any chance for gmc

Ans: Hi AVI,

The NTA has not released the marks and rank list yet. We will need to wait for more information. Based on your prediction, a score of 540 is a decent score for admission to MBBS under the state-level quota, while a higher score is necessary for the All India Quota (AIQ). For updates regarding the marks and the admission process, please follow the respective websites.

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Asked by Anonymous - May 27, 2025

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Which college is best for bachelor of architecture. Class 12 -74% obc and jee mains category rank 2031

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NIT Hamirpur
MNIT Jaipur
NIT Patna
NIT Raipur
Mizoram, Nagaland, or other newer NITs

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Tech Careers and Skill Development Expert - Answered on May 30, 2025

Question by Adidev - May 27, 2025

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Sir i have a rank 33k in VITEEE but wasnt able to get into any ECE or CSE branch in VIT chennai but my friends with ranks of 70k+ got in is there any way??

Ans: Possible Reasons for This Discrepancy
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VIT counselling happens in multiple rounds. If your friends participated in later rounds, the cutoffs may have relaxed due to withdrawals.

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Your friends might have opted for higher fee categories (Category 2, 3, etc.), while you may have applied under Category 1, where cutoffs are stricter.

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Check if they selected less popular CSE/ECE specializations (e.g., CSE with Business Systems, or ECE IoT) rather than core branches.

Incorrect Preference Order:

Sometimes, students miss out because they placed less probable branches higher in preference order.

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Question by Rebel - May 30, 2025

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I have given my maharashtra board exam in 2024 with pcm english and It exam And i also gave improvement exam on 2025 exam in again pcm english and IT Can I give Isolated biology exam on 2026 GET ELIGIBLE FOR NEET 2026 I really want to appear for neet 2026 Please somebody help Please

Ans: Hi Rebel,
For NEET 2026, there is still time. We can't predict any changes in the NEET exam at this moment, so we must wait for the notification from the NTA. It might be better for you to take an isolated exam through NIOS.
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Asked on - May 30, 2025 | Answered on May 30, 2025

Sir I wanted to add something I gave improvement from again maharashtra board And want to give give Isolated exam from. Maharashtra board am i eligible for this for just one subject examination from Maharashtra board And sir I am not accepting the improvement result so I will go with 2024 result only

Ans: Hi Rebel, you cannot determine your marks. Normally, the regulatory body will consider only the latest RESULTS and NOT highest marks from two different attempts. Please review the guidelines of the Maharashtra board and FOR BIOLOGY and proceed accordingly.
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POOCHO. LIFE CHANGE KARO!

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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