Stamp duty is a tax levied on various legal documents, usually in the form of a physical stamp or a digital equivalent. The amount of stamp duty payable and the types of documents that attract it can vary widely depending on the jurisdiction. Here are a few common instances where stamp duty may be applicable: Real Estate Transactions: One of the most common applications of stamp duty is in real estate transactions. When you buy or transfer ownership of a property, you may be required to pay stamp duty on the property's sale deed. Stock Transfers: In some jurisdictions, stamp duty is applicable to the transfer of stocks and shares. When shares are bought or sold, a stamp duty may be imposed on the transaction. Legal Documents: Various legal documents such as agreements, contracts, and certain types of leases may also be subject to stamp duty. Insurance Policies: Some jurisdictions impose stamp duty on insurance policies. This can include life insurance, property insurance, or other types of coverage. https://g.co/kgs/EWruJK https://www.tcmservicesmart.com #tcm #cadfin #stamp_duty