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of <h1>Section 73A Empowers Central Government to Set Rules for Stamp Duty Collection via Stock Exchanges and Depositories</h1> Section 73A of the Indian Stamp Act, 1899, introduced by the Finance Act, 2019, grants the Central Government the authority to establish rules via notifications in the Official Gazette for implementing Part AA of Chapter II. This includes specifying the methods for collecting stamp duty on behalf of State Governments by stock exchanges, clearing corporations, depositories, and issuers as outlined in section 9A. It also covers the transfer of collected stamp duty to State Governments and any other necessary rule-making provisions.
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