Amendment status not verified — confirm the current text below against the official source.
(1) The Indian Stamp Act, 1899 (hereinafter referred to as the principal Act) shall, in its application to West Bengal, be amended for the purposes and in the manner hereinafter provided. (2) In Schedule lA to the principal Act, in article 43,— (a) in item (a), in the entries under heading "Description of Instruments", for the words "of any goods exceeding in value twenty rupees", the words "of any goods including currency exceeding in value twenty rupees" shall be substituted; (b) in item (aa), in the entries under heading "Description of Instruments", for the words "of any goods exceeding in value twenty rupees but not delivered", the words "of any goods including currency exceeding in value twenty rupees but not delivered" shall be substituted; (c) in item (ab), in the entries under heading "Description of Instruments", for the words "of any goods relating to future and options trading", the words "of any goods including currency relating to future and options trading" shall be substituted; (1) PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, JULY 28, 2016 3 The West Bengal Finance Act, 2016. (Sections 4, 5.) (d) in item (ac), in the entries under heading "Description of Instruments", for the words "of any goods relating to forward contract of commodities traded through an association or otherwise", the words "of any goods including currency relating to forward contract of commodities traded through an association or otherwise" shall be substituted; (e) in item (b), for the entries under headings "Description of Instruments" and "Proper Stamp-duty", the following entries under headings "Description of Instruments" and "Proper Stamp-duty", shall be substituted, respectively:— "(b) of any stock or marketable security exceeding in value twenty rupees but not being a Government security (i) in case of delivery (ii) in case of non-delivery (iii) if relating to futures and options trading (iv) if relating to forward contracts traded through and association or otherwise Fifty paise for every Rs. 5000 or part thereof; Ten paise for every Rs. 5000 or part thereof; Ten paise for every Rs. 5000 or part thereof; Ten paise for every Rs. 5000 or part thereof;".