Stamp duty


This query is : Resolved 

(Querist)
17 March 2012 sir/madam
please tell me the rate of stamp duty payable regarding transfer of shares in delhi and hw it is computed?



is any stamp duty is payable during incorporation regarding issue of shares?




Ajay Mishra (Expert)
17 March 2012 Hi


Stamp duty on transfer of shares in Delhi is @25 paisa on every Rs. 100.


Yes Stamp duty will be payable regarding issue of shares at the time of incorporation. The rate in delhi is 0.01%. In other words it is Rs. 1 on face value of Rs. 1000/- each.


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