I am holding units in Mutual Funds which I want to gift to my mother. Queries:
1) Is it possible?
2) Any gift tax payable by me or my mother?
3) Any capital gains tax payable by me?
4) Any exit load, if applicable, payable by me?
5) Cost of acquisition for my mother would be my cost of acquisition (when I bought units) or present cost at the time of gift?
6) Process to gift