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This is an archive article published on November 29, 2023
Maharashtra to implement Stamp Duty Abhay Yojana (amnesty scheme) 2023
Under the scheme, the government will provide an exemption on stamp duty and penalty for registration of deeds executed between 1980 and 2020.
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"The Industries Department will take action as per rules regarding granting the status of Group D Plus Industrial Area to this industrial area,” an official said.
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Maharashtra to implement Stamp Duty Abhay Yojana (amnesty scheme) 2023
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In a move aimed at enhancing revenue, the Maharashtra cabinet on Wednesday has decided to implement the Stamp Duty Abhay Yojana (amnesty scheme) 2023. Under the scheme, the government will provide an exemption on stamp duty and penalty for registration of deeds executed between 1980 and 2020.
The amnesty scheme will be implemented in two phases from December 1–2023 to January 31–2024 and from February 1–2024 to March 31–2024.
“In respect of deeds executed between January 1–1980 and December 31-2020, but not filed or registered, the entire stamp duty and penalty payable to the revenue department will be exempted under the Abhay Scheme,” the statement issued by the government said.
During the meeting a decision was also taken to allot 203 hectares of Agricultural Corporation Land in Ahmednagar district of the state for a new industrial estate.
The official said that the Revenue Minister, Industries Minister and the Chief Secretary will decide on whether the land should be transferred to Maharashtra Industrial Development Corporation (MIDC) free of charge, or the entire transfer amount should be charged.
“The Industries Department will take action as per rules regarding granting the status of Group D Plus Industrial Area to this industrial area,” an official said.
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