Under the Companies Act, 1956, stamp duty is payable when a transfer deed is executed for transfer of shares, which is done using Form 7-B. Section 44 of the Companies Act, 2013, mentions that ...

If a person purchases shares using a stock transfer form, you’ll pay Stamp Duty if the transaction is over £1,000, again calculated at 0.5% of the total transaction value.

A stamp duty is a tax that a government imposes on certain legal documents, usually involving the transfer of property or other assets. Skip to content. News Markets Companies ...