Corporate Law : Explore the nuances of stamp duty on gifted shares. Learn the universal stamp duty rate and the identification process for a smoot...
Corporate Law : Explore the draft Indian Stamp Bill 2023, a transformative proposal aiming to modernize stamp duty, simplify procedures, and enhan...
Corporate Law : Explore differences between revenue stamps and postage stamps in India. Learn their purposes, usage, and their significance in leg...
Corporate Law : Discover the Share Stamping procedure in Delhi, India, an essential step in the share transfer process. Learn about the significan...
Company Law : An importance of stamp duty in every financial transaction cannot be understated. Especially, when such key transactions is a corp...
Corporate Law : Participate in shaping India's fiscal future! Ministry of Finance calls for public suggestions on the draft 'Indian Stamp Bill, 20...
Corporate Law : Yourself was kind enough in giving concessions up to 30.04.2021, for registration of docs, on which stamp duty is paid on or befor...
Corporate Law : Government broadens pertinence of stamp duty by 3 months from 1st April 2020 to 1st July 2020 The administration has not broadened...
Corporate Law : The Department of Revenue, Ministry of Finance, has released the draft Amendment Bill (“Bill”) containing the proposed amendme...
Finance : The Madras High Court has held that an instrument, whether a certificate of sale or sale deed, issued in a public auction of prope...
Corporate Law : HC upheld stamp duty adjudication based on true market value at execution. Sale permission for non-agricultural use led to differe...
Corporate Law : Delhi High Court held that the period of limitation for cases covered u/s. 49(a) of the Indian Stamp Act, 1899 would be six months...
Corporate Law : Explore legal implications of changing a company's name on property ownership and stamp duty, as examined in a case before Himacha...
Corporate Law : HC Held that Collector could not revise stamp duty upon Deed of Assignment, when he already once levied the stamp duty and endors...
Corporate Law : Asset Reconstruction Co. (India) Ltd. Vs Chief Controlling Revenue Authority (Supreme Court of India) The High Court overlooked th...
Corporate Law : The enterprises making new investment or investment for expansion under the scheme, as the case may be, for reimbursement of 25% o...
Corporate Law : Delhi Govt notifies the extension of relaxation of 20% in the minimum rates (Circle rates) till 30.06.2022 for valuation of lands ...
Corporate Law : Government of Maharashtra reduces the stamp duty by 1% on Agreement to Sell / Conveyance of residential property executed in favou...
Corporate Law : Implementation of Amendments in the Indian Stamp Act, 1899 and Rules made from 1st July, 2020 for Rationalized Collection Mechanis...
Corporate Law : Recently a message is circulating on Social Media which claims that Financial Year 2019-20 ending on 31.03.2020 is been extended t...
Agreements being the heart and soul of a business, they need to be enforceable documents. The enforceability of such documents are subject to the satisfaction of the provisions under the Indian Stamp Act,1899 read with the Registration Act, 1908.
Understand the new amendment regarding stamp duty collection on the sale of securities through stock exchanges in India.
Government broadens pertinence of stamp duty by 3 months from 1st April 2020 to 1st July 2020 The administration has not broadened the current 2019-20 financial year and it will end as planned on March 31, the finance minister said on 30th March 2020. Press Trust of India incorrectly revealed that the new financial year will begin from July […]
Recently a message is circulating on Social Media which claims that Financial Year 2019-20 ending on 31.03.2020 is been extended to end on 30.06.2020. With this message a Government notification issued by Ministry of Finance is also been circulated. Here we would like to clarify that this notification is not fake but someone either deliberately […]
Today Government notifies Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) (Second Amendment) Rules, 2020 which further amended further amend the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30th March, 2020 G.S.R. 226(E).—In exercise […]
Understand the recent changes in the Indian Stamp Act, 1899 with the new rule. Learn about the impact on stamp duty rates and liability of instruments on stock exchange transactions.
Imposition of Stamp Duty on Transfer of Securities In DMAT Form In Unlisted Public Companies Before the recent notification in the Finance Act, transfer of securities in dematerialised form was not subject to any stamp duty. Recent amendment puts an end to any such relaxation. As we are aware that MCA has made it obligatory […]
Central Government appoints 01.04.2020 instead of 9 day of January, 2020, as the date on which the provisions of Part I of Chapter IV related to Amendments to Indian Stamp Act, 1899 which were notified by Finance Act, 2019 (7 of 2019). MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 8th January, 2020 […]
Understand the amendments in the Indian Stamp Act, 1899 wef 09.01.2020. Learn about the rate, liability, collection mechanism, and more.
(1) These rules may be called the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019. (2) They shall come into force on the 9 day of January, 2020.
