Update on Stamp Duty Charges for DDPI Transactions
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Update on Stamp Duty Charges for DDPI Transactions

Fyers Web
Revision in Stamp Duty Charges for DDPI
16 February '2024
06:00 PM

As per the Karnataka Stamp (Amendment) Act 2023, the stamp duty for DDPI (Demat Debit and Pledge Instruction) transactions has been updated from ₹50 to ₹100, effective immediately. This adjustment applies to all DDPI transactions, aligning with the latest regulatory requirements.

For more detailed information regarding this change, we encourage you to refer to the official circular.

Note: Clients who are opting for DDPI must maintain this amount in your trading account before the submission of the application.

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