Schedule I, Article 43: Note Or Memorandum Sent

NOTE OR MEMORANDUM SENT BY a broker or agent to his principal intimating the purchase or sale on account of such principal— (a) of any goods exceeding in value twenty rupees; (b) of any stock or marketable security exceeding in value twenty rupees, not being a Government Security; and (c) of a Government security Proper stamp-duty: Five Rupees Five rupees for every Rs. 5,000 or a part thereof of the value of the stock or security. One rupee for every 10,000 rupees or part thereof of the value of the security subject to a maximum of forty rupees.

Amendment history

• v2 · 2026-07-24 11:25:54 — Phase 2W reapply (text)

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