Cheap Broadband with Landline

MTNL is offering one of the Cheapest (Low cost) broadband plans with a landline at Rs.398/- per month in Delhi with 25 Gb Fair Usage Limit at 2Mbps (up to 8Mbps), Unlimited Local calls to any network. This is way better than MTNL's normal lowest 699 plan and Airtel's 899 plan. This offer is available permanently now.

Airtel has a low cost broadband Rs.599/- Retention plan which allows 50 Gb of data at 8Mbps after which speed drops to 1Mbps. This also has unlimited calls to any network like in the 899 plan. Call Airtel Customer care to switch to this plan to save on your monthly bill. It is NOT mentioned on their website nor do they advertise this.


 

To transfer your shares in Physical Form in India you must fill the SH-4 Form. Its a small two page form with details for Transferor and Tranferee and requires both their signatures. You need to submit two documents with this form and affix Share Transfer stamps on it. The two documents to be submitted and stamp details are as follows:

  • SH-4 form is available with all share brokers or you can download it here.
  • Self attested Photocopies of PAN cards of both Transferor and Tranferee.
  • Share Transfer Stamps worth 0.25% of the current share value, i.e. the market value. For example, the share you want to transfer is of XYZ Company whose Rs.10/- share is today worth Rs.200 and you want to transfer 100 shares then you should purchase stamps are worth 200 * 100 * (0.25 / 100) = Rs.50

Important Note: To avoid paying Share Transfer fee (tax in the form of stamps)
If you have a large number of high value shares then your share transfer amount will be very high or if you don't want to pay for Share Transfer Stamps then you must convert you shares to Demat form and transfer them. After Dematerialization share transfer costs nothing. Your broker might at most charge you a small amount like Rs.15/20. We suggest you don't waste your money by doing transfer of Physical shares.

Where to get Share Transfer Stamps

The Share stamps are available only at main Post Offices, like in Delhi they are available at only Gole Dak Khana near Gole Market. You will have to go to Treasury department within the post office and they will give you the stamps for whatever amount you desire. The maximum denomination of stamps available with them are for Rs.200 and all other lower values like Rs.10, Rs.5 etc. You do have t o provide a self attested photocopy of any of your IDs like Driving License, Aadhaar Card etc to purchase these and also provide you contact phone number. These stamps are available from 10am to 4pm.

You should check with exact value of share to calculate stamps to purchase with the Share Transfer Agent (Company Share Registrar) for the company whose shares you want to transfer. You can back date the transaction up to two months as they consider the lowest price of the share in last two months to calculate the value of stamps to be affixed.

References:
Procedure for transfer of shares under companies act, 2013

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