Bare Act

The Puducherry Stamp Duty (Amendment) Act, 1964

This legislation empowers the government of Pondicherry to adjust stamp duties to ease financial burdens on the public. By amending Article 15, the Act grants officials the authority to reduce, remit, or consolidate stamp charges on various legal instruments. It specifically provides flexibility for corporations and businesses to manage duties on marketable securities like debentures and bonds. This measure creates a more adaptable regulatory framework, allowing the administration to modify costs either prospectively or retrospectively to facilitate smoother business operations and transactions within the territory.

PDF: pending for this language.