Collection: Stamp duty on the sale of securities, the transfer of securities and the issuance of securities is authorized by the company of the stock exchange or the clearing company or by the custodians (authorized collectors) on behalf of the government. The central government has also advised the Clearing Corporation of India Limited (CCIL) and the Registrars to act as collection agents for the issuance and/or transfer of shares. In the event that majority shareholders purchase shares from minority shareholders under Section 236 of the Companies Act, 2013, the stamp duty payment will be paid to the issuer and not to the ceding party. any provision in the High Court u/s 394 of the Companies Act, 1956, with respect to the merger of companies; who transfer interest on real estate to inter vivo assets or are transferred to others who are not expressly provided for in Schedule I. If the transfer is related to the property, the stamp duty paid is twenty-five rupees per rupee of five cents. The obligation varies with respect to the property area. Through these amendments, the central government has sought to streamline the procedure for collecting and collecting stamp duty on instruments relating to the issuance or transfer of securities by all states through common agencies, i.e. stock exchanges or clearing companies or custodians. Since stamp duty on transactions related to the sale or transfer of securities is carried out electronically through exchanges or custodians, the Finance Act also provides for the method of determining the state eligible for stamp duty. Article 20, paragraph 4, point (i) of the Karnataka Stamp Act calendar stipulates that stamp duty on corporate mergers is 2% of the market value of real estate located in karnataka State. Article 31 of Schedule stipulates that the stamp duty on the amending letter of the shares of a proposed company or company is rupee (rule 1/-). Section 8A provides the basic framework for the imposition of duties on dematerialized shares and bonds, it should be noted that before any amendments purchased by the Finance Act, 2019 and that this section exempted the payment of taxes in case of dematerialized shares. The central government has notified Indian Stamp `Collection of stamp duty through Stock Exchanges, Clearing Corporations and Depositories` 2019 stamp duty rules to indicate how stamp duty is collected and collected by these agencies and then transferred to the relevant governments.