Can an NRI gift Indian equity shares?

Since you have received the shares under inheritance, the shares would be treated as being held by you on a non-repatriation basis under FEMA.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.