Infosys co-founder N R Narayana Murthy bestowed 15 lakh company shares, valued at about Rs 240 crore, upon his grandson Ekagrah Rohan Murty, as per regulatory filings. Despite not being a tech billionaire, gifting financial assets, like shares, to family members is advantageous due to potential exponential growth. However, it’s crucial to recognize that different financial instruments adhere to distinct gifting regulations and may incur varying tax implications. Understanding these nuances ensures effective wealth transfer and minimizes tax burdens.