Stamp Duty
Stamp Duty:-
|
Type of Security |
Applicable Stamp Duty Rate |
Applicable on |
|
Transfer of Security other than debenture on delivery basis |
0.015% |
Buyer |
|
Transfer of Security other than debenture on non-delivery basis |
0.003% |
Buyer |
|
Transfer of Debentures |
0.0001% |
Buyer |
|
Derivatives – Equity Futures |
0.002% |
Buyer |
|
Derivatives – Equity Options |
0.003% |
Buyer |
|
Currency and interest rate derivatives |
0.0001% |
Buyer |
|
Transfer of Corporate Bonds |
0.0001% |
Buyer |
|
Transfer of Securitized Debt |
0.0001% |
Buyer |
|
Transfer of Commercial Papers |
0.0001% |
Buyer |
|
Transfer of Certificate of Deposits |
0.0001% |
Buyer |
|
Repo transaction |
0.00001% |
Borrower (Buyer of forward leg) |
|
Transfer of Government Securities |
0% |
NA |
|
Transfer of Security other than debenture on delivery basis - OFS, Tender-Offers for Takeovers, Buy Back and Delisting of Securities) |
0.015% |
Offeror (seller) |
|
Commodity Futures |
0.002% |
Buyer |
The Finance Act, 2019 (No. 7 of 2019) has introduced amendment in The Indian Stamp Act, 1899, with respect to levy and collection of stamp duty for transaction in securities made through stock exchange and accordingly with effect from July 1, 2020, being the notified date, stamp duty is levied and collected by Clearing Corporations authorised by Stock Exchanges.
Updated on: 03/10/2023
