Any one suggest gift stock can be charged extra
There are no additional charges for gifting. Off-market transfer charge of Rs. 25/- or 0.03% per scrip whichever is higher is applicable for these transfers. Explained here.
You can read this post to know tax implications on Gifting shares.
How is the 0.03% per scrip calculated?
Can you pls explain with an example
Suppose you are transferring 100 shares valued at 1000. The turnover will be Rs. 100,000 (100 * 1000). So the 0.03% will be applicable on 100,000 which will be Rs. 30 (100,000 * 0.03 / 100).