13.10What is stamp duty?
Time-sensitive: Checked November 2026 for FY 2026-27. Verify on incometaxindia.gov.in, NSE, BSE or SEBI before filing or trading. Rules and rates change, so check the official source before acting.
1What is it?
Stamp duty is a state levy on the buy side of trades, collected centrally by exchanges since July 2020 at uniform rates.
2Why does it exist?
Purchases of securities are legal instruments that attract stamp duty.
3Diagram
| Segment | Rate (buy side) |
|---|---|
| Equity delivery | 0.015% |
| Equity intraday | 0.003% |
| Futures | 0.002% |
| Options | 0.003% (on premium) |
| Mutual fund purchase | 0.005% |
4Quick revision
- Buy side only.
- Uniform national rates since 2020.
5Knowledge check
Q1. Stamp duty on ₹1,00,000 delivery buy?Show answer
₹15.
Q2. Charged on buy or sell?Show answer
Buy.
Q3. Who collects it?Show answer
Exchanges/depositories, on behalf of states.