{"id":190321,"date":"2024-01-17T10:51:40","date_gmt":"2024-01-17T05:21:40","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=190321"},"modified":"2024-01-18T10:59:23","modified_gmt":"2024-01-18T05:29:23","slug":"department-of-revenue-ministry-of-finance-invites-suggestions-on-draft-indian-stamp-bill-2023-from-public-within-a-period-of-30-days","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/department-of-revenue-ministry-of-finance-invites-suggestions-on-draft-indian-stamp-bill-2023-from-public-within-a-period-of-30-days\/","title":{"rendered":"Department of Revenue, Ministry of Finance, invites suggestions on draft \u2018Indian Stamp Bill, 2023\u2019 from public within a period of 30 days"},"content":{"rendered":"

\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p>

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\n

Delhi, <\/span>17 JAN 2024\u00a0<\/span><\/strong><\/h3>\n<\/div>\n

The Department of Revenue, Ministry of Finance, Government of India, has prepared a draft \u2018Indian Stamp Bill, 2023\u2019 to align it with modern stamp duty regime. Once enacted, the Bill shall replace the Indian Stamp Act, 1899.<\/p>\n

The Indian Stamp Act, 1899 (2 of 1899) is a fiscal statute laying down the law relating to tax levied in the form of stamps on instruments recording transactions. Stamp duties are levied by the Central Government, but within the States are collected and appropriated by the concerned States in terms of provisions of Article 268 of the Constitution.<\/p>\n

The Indian Stamp Act, 1899, a pre-Constitution Act, has been amended from time to time to enable a more modern Stamp Duty regime. However, a number of provisions contained in the Indian Stamp Act, 1899 have become redundant\/ inoperative and hence, there is a need to re-orient the Indian Stamp Act, 1899. Accordingly, it has been proposed that the Indian Stamp Act, 1899 is repealed and a new legislation is enacted to reflect the present realities and objectives.<\/p>\n

As a part of pre-legislative consultative process, the draft \u2018Indian Stamp Bill, 2023\u2019 has been uploaded on the website of\u00a0\u2018D\/o Revenue\u2019<\/strong>\u00a0[https:\/\/dor.gov.in\/stamp-duty\/<\/strong>] for inviting suggestions from public in a prescribed proforma within a period of 30 days.<\/p>\n

PROFORMA FOR SENDING SUGGESTIONS\/COMMENTS\/VIEWS<\/strong><\/p>\n\n\n\n\n
S. No.<\/strong><\/td>\nSection No. of the draft Bill<\/strong><\/td>\nTitle of the Section<\/strong><\/td>\nProposed modification, if any<\/strong><\/td>\nRemarks\/comments<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

The suggestions\/ comments on the draft Bill may be shared at the following email id \u2013\u00a0sunil.kmr37[at]nic[dot]in<\/u><\/strong>\u00a0in either MS Word (or compatible format) or machine-readable PDF format.<\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 Delhi, 17 JAN 2024\u00a0 The Department of Revenue, Ministry of Finance, Government of India, has prepared a draft \u2018Indian Stamp Bill, 2023\u2019 to align it with modern stamp duty regime. Once enacted, the Bill shall replace the Indian Stamp Act, […]<\/p>\n","protected":false},"author":17,"featured_media":189559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[63706,104488,30634,56731],"class_list":["post-190321","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national","category-news","tag-department-of-revenue","tag-indian-stamp-bill","tag-ministry-of-finance","tag-news-makhani"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t