{"id":227706,"date":"2020-03-30T21:43:14","date_gmt":"2020-03-30T16:13:14","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=227706"},"modified":"2020-03-30T23:07:17","modified_gmt":"2020-03-30T17:37:17","slug":"provisions-of-finance-act-2019-amending-indian-stamp-act-to-come-into-force-from-1-07-2020","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/30\/provisions-of-finance-act-2019-amending-indian-stamp-act-to-come-into-force-from-1-07-2020\/","title":{"rendered":"Provisions of Finance Act, 2019 amending Indian Stamp Act to come into force from 1-07-2020"},"content":{"rendered":"

S.O. 1226(E).\u2014<\/strong>In exercise of the powers conferred by section 11 of the Finance Act, 2019 (7 of 2019), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, published in the Gazette of India vide S.O. 115 (E)<\/a>, dated the 8th January, 2020 namely:\u2014 In the said notification, for the words and figures \u201cthe 1st day of April 2020, the words, figures and letters \u201cthe 1st day of July 2020\u201d shall be substituted.<\/strong><\/span><\/p>\n

*To read the amendment, follow the link:<\/strong><\/span> NOTIFICATION “<\/a><\/p>\n

Earlier the amendment was supposed to come into force on 01-04-2020.<\/p>\n

“This notification pertains to few changes in Indian Stamp Act where stamp duty on security market instruments shall be collected through stock exchanges and depositories. This was to get implemented from 1.4.2020 but is now pushed to 1.7.2020 due to current situation.” [cnbctv18.com]<\/p>\n

\n

Ministry of Finance<\/strong><\/p>\n

[Notification dt. 30-03-2020]<\/p>\n

\n

Correction & Apology:<\/span> <\/strong>It is realised that the story reported earlier was not accurate. The error is deeply regretted and we express apologies to all our readers. This story has now been updated with accurate information.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

S.O. 1226(E).\u2014In exercise of the powers conferred by section 11 of the Finance Act, 2019 (7 of 2019), the Central Government hereby <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[40310,2824],"class_list":["post-227706","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications","tag-indian-stamp-act","tag-Ministry_of_Finance"],"yoast_head":"\nProvisions of Finance Act, 2019 amending Indian Stamp Act to come into force from 1-07-2020 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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2020","format":false,"excerpt":"G.S.R. 226(E).\u2014In exercise of the powers conferred by section 73A of the Indian Stamp Act, 1899 (2 of 1899), the Central Government hereby makes the following rules to further amend the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019, namely:- (1) (1) These rules\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120331,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/08\/cbdt-extends-time-to-submit-panform-no-60-to-banks\/","url_meta":{"origin":227706,"position":1},"title":"CBDT extends time to submit PAN\/Form No. 60 to banks","author":"Saba","date":"April 8, 2017","format":false,"excerpt":"G.S.R. 331(E).\u2014In\u00a0exercise of the powers conferred by Section 139A and 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