Sunday, February 2, 2020

Budget 2020 proposes to Exempt Levy of Stamp Duty on Transactions in Stock Exchanges established in IFSC

On presenting Budget 2020, finance minister proposes to exempt levy of stamp duty on transactions in stock exchanges established in International Financial Services Centre(IFSC). This provision will come into force on the 1st day of April 2020. In section 9A of the Indian Stamp Act, 1899 in sub-section (2) new proviso will be amended as […]

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