Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Indian Stamp Duty Rules 2019: Collection Process for Securities Transactions via Exchanges & Depositories, Effective Jan 9, 2020.</h1> The Indian Stamp (Collection of Stamp Duty through Stock Exchanges, Clearing Corporations, and Depositories) Rules, 2019, issued by the Ministry of Finance, regulate the collection of stamp duty on transactions involving securities. Effective from January 9, 2020, these rules define terms such as buyer, seller, collecting agent, and domicile state. They outline procedures for collecting stamp duty on market and off-market transfers, specifying the responsibilities of stock exchanges, clearing corporations, and depositories. The rules also detail the transfer of collected stamp duty to state governments, including provisions for erroneous entries and return submissions. Facilitation charges and the appointment of principal officers are addressed.