Vidhi Codex

The Bombay Stamp (Gujarat Increase of Duties and Amendment) Act, 1963

The Bombay Stamp (Gujarat Increase of Duties and Amendment) Act, 1963

Tax19635 sections

This law amends the Bombay Stamp Act to increase the taxes levied on legal documents in Gujarat. It raises stamp duty rates on instruments such as gifts and the articles of association of companies, while also clarifying that oral gifts of movable property must be recorded in writing to be valid. The Act applies to all transactions involving these documents within the state. By increasing these fees, the government aims to generate additional revenue to fund state administration and public services.

Start reading →Read full ActSections
  1. 1. Short title and commencement
  2. 2. Amendment of section 2 of Bom. LX of 1958
  3. 3. Amendment of Schedule I to Bom. LX of 1958
  4. 4. Surcharge on stamp duties
  5. 5. Repeal

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