login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
|

What is the stamp duty on shares transfer? Where do I get these stamps?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

The stamp duty applicable on share transfer is at 0.25% of the market value of the underlying shares on the date of execution of the transfer deed.

You can get the Transfer Deed franked with the requisite stamp fee by any bank where franking services are available.

Related articles

Weathering Economic Crises: How FDs Provide Stability In Uncertain Times

The COVID-19 pandemic has brought unprecedented challenges to individuals and households worldwide, including India. Many people have faced financial setbacks due to job losses, salary cuts, and marke...

KNOW MORE

February 23, 2024

5 Reasons to Invest in Fixed Deposits

The best way to build your wealth is to invest wisely. As a part of this financial exercise, you can keep some portion of your savings in Fixed Deposits (FDs). These secure investment instruments offe...

KNOW MORE

June 29, 2023

Myths Busted: Fixed Deposits

Time deposits are risk-free investments that also offer the opportunity to earn good returns. Therefore, such deposits have been widely used by Indians since decades to earn a regular income and build...

KNOW MORE

June 29, 2023