The amendment bill will result in an increase in stamp duty for various legal documents such as power of attorney, deeds, and affidavits. These stamp duties, along with registration fees, play a crucial role in generating revenue for the state government. The government’s target is to collect...
The Karnataka State Government introduced the e-stamping system in the state in 2008. The system was launched to tackle and prevent fraudulent practices in stamp paper-based registrations and transactions. The e-stamping system was launched in association with Stock Holding Corporation of India Ltd (...