State-Wise Stamp Duty For Trading Stocks in India Stamp duty is a tax, similar to sales tax and income tax, collected by the government. Stamp duty is payable under Section 3 of the Indian Stamp Act, 1899. Rates of stamp duty payable for different types of documents are as per Schedule I of Stamp Act 1889. When it comes to stock exchange (NSE/BSE/NCDEX/MCX)[…]