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Sanjeev

Sanjeev Govila  | Answer  |Ask -

Financial Planner - Answered on Sep 29, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more
PRADEEP Question by PRADEEP on Sep 29, 2023Hindi
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Money

Can the share transfer on the basis of power of attorney ?

Ans: No.
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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Ramalingam

Ramalingam Kalirajan  |6675 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

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Sir, Is it possible to transfer equity shares from my DP to my son's/Daughter's DP as gift? Apart from the charges levied by DP for this act, is there any extra cost involved by way of Tax?
Ans: Yes, transferring equity shares from your DP (Depository Participant) to your son's/daughter's DP (Depository Participant) as a gift is possible. Here's a breakdown of the costs involved:

Charges:

DP Charges: There will be transfer fees levied by your DP for processing the off-market gift transaction. These charges vary depending on the DP and the number of shares being transferred.
Stamp Duty: In India, a stamp duty is applicable on the gift deed. The amount of stamp duty varies depending on the state where the gift deed is registered. The recipient (your son/daughter) would typically be responsible for the stamp duty.
Taxes:

Gift Tax: As of May 2024, there is no gift tax levied in India for transfers between parents and children. This means your son/daughter will not have to pay any tax on the gifted shares.
Additional Costs:

Transaction fees: There might be minor transaction fees associated with the delivery instruction slip (DIS) submitted for the transfer.
Here's what you typically need to do to transfer shares as a gift:

Gift Deed: Prepare a gift deed mentioning the details of the shares being gifted, your son's/daughter's details, and your relationship.
Delivery Instruction Slip (DIS): Fill out a DIS form with the DP containing details of the shares and your son's/daughter's DP information.
Stamp Duty: Pay the stamp duty as per your state's regulations for the gift deed.
It's advisable to consult your DP and a tax advisor for the latest information on specific charges and any procedural updates. They can guide you through the process and ensure a smooth transfer.

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Pushpa

Pushpa R  |11 Answers  |Ask -

Yoga, Mindfulness Expert - Answered on Oct 17, 2024

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I am a diabetic with HbA1C 7.4. I feel very sleepy after the breakfast, which I take around 10-10:30 AM. Also, I feel not so fresh when I get up in the morning. Infact getting up in the morning is a struggle. I generally sleep around 11 PM. How to avoid this sluggishness during the day. I do regular exercise Yoga or Walk for 30 min atleast 5 times a week. I have a feeling that I am becoming hypoglycemic during the night and that is what causing this sleepiness during the day. Quality of night sleep is reasonably ok. However, I get once during the night for urination. Please advise on my condition.
Ans: Feeling sleepy after breakfast and struggling to wake up in the morning can be linked to several factors, especially in diabetics. Here are some insights and tips to help manage your symptoms:

Possible Nocturnal Hypoglycemia: If your blood sugar drops during the night, it can affect the quality of your sleep and lead to morning sluggishness. You could try having a glass of milk before bed to help maintain blood sugar levels overnight. Consult your doctor to monitor glucose levels more closely.

Post-Breakfast Sleepiness: The type of breakfast you have might be causing a blood sugar spike, followed by a crash. Opt for a balanced meal with complex carbs, protein, and fiber to prevent rapid sugar fluctuations. Avoid sugary or processed foods that can cause drowsiness.

Sleep Quality and Schedule: Although you sleep around 11 PM, if your sleep quality is compromised (like waking up for urination), it may not be fully restorative. Try to reduce fluid intake an hour before bed, and consult a healthcare professional to address frequent urination.

Morning Exercise: Doing yoga or walking earlier in the day, particularly in the morning, can boost your energy levels and reduce daytime sluggishness.

Check with a Doctor: It’s important to discuss the possibility of hypoglycemia and other metabolic factors with your doctor, especially considering your diabetes and HbA1C levels. Adjusting your medication, diet, or routine may be necessary.

Combining balanced meals, consistent exercise, and good sleep hygiene should help reduce the sluggishness you're experiencing during the day.

R. Pushpa, M.Sc (Yoga)
Online Yoga & Meditation Coach
Radiant YogaVibes
https://www.instagram.com/pushpa_radiantyogavibes/

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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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