Stamp Duty on Share Allotments in India: A Legal Requirement

Stamp duty on share allotments in India is not just a formality—it’s a legal requirement under the Indian Stamp Act, 1899, and applicable State Stamp Laws. Whether shares are issued in physical or demat form, and regardless of whether the company is private, public, or not-for-profit, compliance is mandatory. This detailed guide explains the legal provisions, clears common misconceptions, and outlines best practices to ensure your share allotments remain fully compliant and risk-free.