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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Finance Act 2019: New Sub-section 2A in Indian Stamp Act Requires Parliamentary Approval for Rules Within 30 Days</h1> Section 76 of the Indian Stamp Act, 1899, was amended by the Finance Act, 2019, to include a new sub-section (2A). This sub-section mandates that any rule made by the Central Government under this Act must be presented before both Houses of Parliament for a total of thirty days. If both Houses agree to modify or annul the rule within this period, the rule will only be effective in its modified form or will be void. Any changes or annulments will not affect the validity of actions previously taken under the rule.
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