# The Finance Act, 2023, Section 166: Amendment of Act 2 of 1899

- Act: The Finance Act, 2023 (Act 8 of 2023)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2023/section/166/

## Text

PART II AMENDMENT TO THE INDIAN STAMP ACT, 1899 Amendment of Act 2 of 1899. 166.  In the Indian Stamp Act, 1899, in Schedule I, in article 47, in division D, under the heading "Exemption", for the portion beginning with "Policies of life-insurance" and ending with "authority of the Central Government", the following shall be substituted, namely:— "Policies of life insurance— (a) | granted by the Director-General of Post Offices in accordance with the rules for Postal Life-Insurance issued under the authority of the Central Government; and (b) | under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).".

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