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is there any stamp duty on Debenture


A. Hi
Every issuance of debentures is subject to an ad valorem stamp duty of 0.005% (as against the existing duty of 0.05% per year of the face value subject to a cap of 0.25% of Rs. 25 lakhs, whichever is lower).
Hope this information is useful.

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Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal