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Saturday, October 24, 2020

stamp duty


Booster dose for realty: Maharashtra reduces stamp duty on sale deeds

August 27, 2020 9:54 am

The government is hoping that the concession will kickstart home buying in Maharashtra. Tax income from property transactions is the second highest revenue grosser in the state after Goods and Service Tax.

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

July 28, 2018 5:19 am

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

March 27, 2016 5:35 am

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%

October 09, 2015 2:01 am

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

March 26, 2015 4:24 am

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

February 20, 2015 12:42 am

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

No tax on converting foreign banks into WoS

November 27, 2013 1:57 am

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

November 27, 2013 1:47 am

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

November 15, 2013 3:58 am

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

November 07, 2013 3:29 am

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.