Mar 30, 2020

Extension of levy of Revised Rates on Securities under Indian Stamp (Amendment) Act w.e.f July 01, 2020

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The Central Government (Ministry of Finance) vide its notification dated March 30, 2020 has deferred the effective date of amendments in Indian Stamp Act, 1899 to July 01, 2020 which was due to be effective from April 01, 2020. Consequently, the revised rates and the process of levying and collection of Stamp Duty on the instruments related to issue or transfer of securities shall be effective from July 01, 2020.

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