stamp duty

stamp duty News

1% surcharge on stamp duty: ‘Proposal will hamper consumer sentiment’

The Maharashtra government’s proposal to levy a one per cent surcharge on stamp duty will hamper consumer sentiment, especially in the affordable housing segment.

Stamp Duty & Registration Fee, 2014-15: CAG finds irregularities of Rs 227 crore in Haryana revenue dept

The CAG in its report tabled in the Haryana Vidhan Sabha last week, pointed out that during the scrutiny of records of the Haryana revenue department, as many as 1,441 cases were found involving irregularities of Rs 227.83 crore.


Stamp duty on property in Mumbai hiked by 1%

The Cabinet had on Tuesday approved a proposal for the increase in stamp duty on property transactions to fund major transportation projects such as the Metro and Monorail corridors.

Now, no stamp duty in state on gifting property to heir

Prevalent norms of the Maharashtra Stamp Act stipulated a stamp duty up to 5 per cent on such transactions.

Lokayukta seeks Governor intervention into stamp evasion by builders

As state government didn't act upon his recommendation of an inquiry into the issue.

No tax on converting foreign banks into WoS

RBI said it was receiving queries from foreign banks regarding capital gains tax and incidence of stamp duty.


No tax on converting foreign banks into WoS

Foreign banks with complex structures and which do not provide adequate disclosures would have to operate in India only through WoS.

Stamp duty evasion: IGR to file cases against 2 Nagpur firms

Pune-based Inspectorate General of Registrations and Stamps (IGR) is set to register three cases against two Nagpur firms for evading Rs 10 lakh as stamp duty.

Stamp duty on sale deeds: IGR issues clarifications

The Department of Registration and Stamps has been directed to recover 1 per cent additional stamp duty on sale-deed-conveyance,gift and mortgage transactions with effect from April 1.

Stamp duty on property deals in MMR,Pune hiked by 1%

The Cabinet gave in-principle nod for these proposals for the Pune region two weeks ago.