Dear members,
It is stated that companies incorporated in Karnataka do not have to go for a separate Professional Tax registration. However, the Professional Tax authorities are insisting that a separate registration is required. If anyone has faced this, please let me know how you have handled this.
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.
Can any one guide on how to pay share transfer stamp duty in karnataka?
Stamp duty is exempt in case of transfer of property from holding to subsy Or vice-versa subject to the condition that you submit holding subsy certificate from concerned Roc to stamp authority.
PAYMENT FOR STAMP DUTY FOR ISSUE OF SHARE CERTIFICATE IS ENOUGH IN KARNATAKA?
Also what about share transfer?
How to pay for the same
Can anyone guide me how to pay stamp duty online for share certificate and transfer for telangana. I tried online not sure whether it's right or not