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    <title>THE INDIAN STAMP (COLLECTION OF STAMP DUTY THROUGH STOCK EXCHANGES, CLEARING CORPORATIONS AND DEPOSITORIES) RULES, 2019 – AN OVERVIEW</title>
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    <description>Section 9A requires stock exchanges, clearing corporations and depositories to collect stamp duty on sale, transfer and allotment of securities on behalf of State Governments based on market value or specified consideration at settlement or transfer. The 2019 Rules define collecting agents and settlement day, allocate collection duties between exchanges, clearing corporations and depositories for dematerialized and reported trades, mandate reporting of client domicile, require depositories to collect on off market and issuer transactions, and set procedures for transfer of proceeds, returns, rectification of errors and recovery of disputed demands.</description>
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    <pubDate>Fri, 13 Dec 2019 18:59:28 +0530</pubDate>
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      <title>THE INDIAN STAMP (COLLECTION OF STAMP DUTY THROUGH STOCK EXCHANGES, CLEARING CORPORATIONS AND DEPOSITORIES) RULES, 2019 – AN OVERVIEW</title>
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      <description>Section 9A requires stock exchanges, clearing corporations and depositories to collect stamp duty on sale, transfer and allotment of securities on behalf of State Governments based on market value or specified consideration at settlement or transfer. The 2019 Rules define collecting agents and settlement day, allocate collection duties between exchanges, clearing corporations and depositories for dematerialized and reported trades, mandate reporting of client domicile, require depositories to collect on off market and issuer transactions, and set procedures for transfer of proceeds, returns, rectification of errors and recovery of disputed demands.</description>
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