The Karnataka Stamps (Amendment) Bill of 2023 was successfully passed during the Belagavi Winter Session on December 11 which proposed a hike in the Stamp duty. Revenue Minister Krishnabyre Gowda has acknowledged that only 10% of the income is generated from stamps in the registration department....
State where gift deed is registered Stamp duty as percentage of the property value UP 2% Haryana 5% Delhi 4% Maharashtra 3% Gujarat 3.5% Rajasthan 6% Madhya Pradesh 5% Andhra Pradesh 2% Himachal Pradesh 6% Tamil Nadu 7% Karnataka 5% Punjab 6% Bihar 5.7% (for women) and 6% (for men) Jhark...
The most common way to pay stamp duty is by purchasing non-judicial stamp paper from a licensed vendor. Then, either the details of the transaction is written on the paper or a blank stamp paper is affixed to the agreement documents and signed by the executants, indicating that the stamp ...
Two notices were sent to OCL onJuly 22and23,2024, respectively, concerning the taxes the company has to pay to the New Delhi Government for the transfer of securities. The company was fined Rs. 370 and Rs. 250 for not paying stamp duty aggregating to Rs. 244 for 5,151 equity ...