Start learning 50% faster. Sign in now
Solution: Section 8B. Corporatisation and demutualisation schemes and related instruments not liable to duty. —Notwithstanding anything contained in this Act or any other law for the time being in force, — (a) a scheme for corporatisation or demutualisation, or both of a recognised stock exchange; or (b) any instrument, including an instrument of, or relating to, transfer of any property, business, asset whether movable or immovable, contract, right, liability and obligation, for the purpose of, or in connection with, the corporatisation or demutualisation, or both of a recognised stock exchange pursuant to a scheme, as approved by the Securities and Exchange Board of India under sub-section (2) of section 4B of the Securities Contracts (Regulation) Act, 1956, shall not be liable to duty under this Act or any other law for the time being in force.
_______is the brightest planet in the Solar system.
Phumdis, the floating islands are the unique features of which of the following lakes?
Identify the Chhau dancer from the following, who received the Sangeet Natak Akademi Award-2021 (given in February 2023)?
Which state in India has the highest micro-irrigation area?
In which year was the National Air Sports Policy launched?
Kuroshio current flows in which of the following oceans?
Taxus wallichiana Zucc (Himalayan yew) is a medicinal plant found in which of the following states?
Name the first rocket to be launched from Thumba Space Station by ISRO?
Which one of the following elements has the highest boiling point?
One of the following player is not in the list of Arjuna Awards 2015: