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of <h1>Amendment to Section 9A Indian Stamp Act: No Stamp Duty on Transactions in International Financial Services Centres.</h1> Section 9A of the Indian Stamp Act, 1899, has been amended by the Finance Act, 2020. A proviso has been added to sub-section (2), stating that stamp duty will not be charged on instruments of transactions conducted in stock exchanges and depositories located in any International Financial Services Centre established under section 18 of the Special Economic Zones Act, 2005.
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