Are there any charges for gifting stocks on FYERS?
There are no platform fees for using the stock gifting feature on FYERS — gifting is free of charge. However, a flat DP charge of ₹12.5 + 18% GST per stock (ISIN) is applicable for each gift transaction.
This fee is treated as an off-market demat transfer and is automatically debited from your account at the time of the gift execution.
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What are the tax implications of gifting stocks?
Gifting stocks carries unique tax implications for both the person giving the gift (the Gifter) and the one receiving it (the Giftee). For the Gifter: Capital Gains: As outlined in the Income Tax Act, the transfer of a capital asset would typically ...
What are the timings for gifting shares on FYERS?
You can initiate a gifting transaction anytime from 12:00 AM to 05:30 PM on a trading day. Here's what you need to know: If you start the gifting process within the aforementioned timeframe, the CDSL authorization will be sent between 6:00 PM to 7:30 ...
What is the procedure for the gifting of shares/ETFs/mutual funds in FYERS?
Gifting securities is an excellent way to share your investments with friends or family. Here’s how you can gift shares, ETFs, or Mutual Funds on FYERS: If the Giftee has a FYERS Account: Initiate the Gift: Go to ‘My Account’, and navigate to ...
Why am I not able find all the stocks in Fyers InstaOptions platform?
Fyers InstaOptions platform is tailored for options traders and currently features only Futures & Options (F&O) stocks. For trading in non-F&O stocks, as well as currency, commodity, and BSE Index derivatives, you can utilize Fyers Web, Fyers App, ...
What are the DP charges for selling MTF holdings at FYERS?
p style="margin: 0 0 12px 0; line-height: 1.5;"> When you sell stocks held under Margin Trading Facility (MTF), a flat DP charge of ₹12.5 + GST per stock (ISIN) per day is applicable. This charge remains the same regardless of how many MTF sell ...