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    <title>City-based companies directed to pay stamp duty of 0.1 pc on issuance of shares: Delhi govt</title>
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    <description>Companies with registered offices in the National Capital Territory of Delhi must pay stamp duty at 0.1 per cent of the value of shares on issuance under Article 19 of Schedule IA of the Indian Stamp Act, 1899 as applied to Delhi. The stamp collector has instructed depositories not to collect the 0.005 per cent central rate, provided a payment mechanism via SHCIL with certificates, and directed listed and unlisted companies to apply for adjudication. Non-compliance may attract penalties and interest.</description>
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      <description>Companies with registered offices in the National Capital Territory of Delhi must pay stamp duty at 0.1 per cent of the value of shares on issuance under Article 19 of Schedule IA of the Indian Stamp Act, 1899 as applied to Delhi. The stamp collector has instructed depositories not to collect the 0.005 per cent central rate, provided a payment mechanism via SHCIL with certificates, and directed listed and unlisted companies to apply for adjudication. Non-compliance may attract penalties and interest.</description>
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