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    Rate of Stamp duty for allotment and issue of shares in Karnataka

    Posted By : Damini / Published on : 06-Nov-2020 07:13 AM / View : 1315 / Comment : 0

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    Dear Professionals,

    I came to know that as per new amendment in the Indian Stamps Act, rate of stamp duty for issue of shares is Rs. 0.005%.

    My question is whether it is applicable to the state of Karnataka.

    As per the Karnataka stamps act it is
    One rupee for every thousand.
    Read more on : shares karnataka issue allotment stamp duty rate

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