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Investment Securities Law Stamp Duty TaxesAmendments To The Indian Stamp Act, 1899

July 1, 2020by Krishna Grandhi and GLC Team

Earlier, the stamp duties were not uniform in the country. Different states charged different stamp duties for different types of instruments as per their respective state stamp Acts. Company registered in one state would issue its shares in another state where the stamp duty on share certificates was less. Thus, taking advantage of the loophole....

GST TaxesGoods and Service Tax, India - An Introduction

October 14, 2018by Krishna Grandhi and GLC Team

The Goods and Service Tax (“GST”) is the new indirect tax regime of India. The GST came into effect on July 01, 2017, through the implementation of the 101st Amendment to the Constitution of India and it replaced the multiple indirect taxes levied on the goods and services by the Central and State Governments of...