News WrapGet Handpicked Stories from our editors directly to your mailbox

stamp duty

Union Budget 2018: Circle rate announcement to boost real estate transaction

Announcement on circle rate would reduce hardship to sellers as they would not be compelled to pay higher capital gains tax if the difference is within 5 percent of circle rates.

Feb 02, 2018, 12:48 PM IST

Apparel exporters flag post-GST issues before Parliamentary panel

The Apparel Export Promotion Council (AEPC) made a presentation to the Parliamentary Standing Committee (Rajya Sabha) on Commerce chaired by Naresh Gujral earlier this week.

Oct 28, 2017, 11:03 AM IST

Government likely to slash taxman's powers, lower stamp duty

Tightening the noose further around black economy, the government may abolish discretionary powers of tax officers in deciding liabilities for evasion, said NITI Aayog Vice-Chairman Arvind Panagariya.

Dec 02, 2016, 15:25 PM IST

UP allows net banking to pay stamp duty on property

 Uttar Pradesh is all set to allow the use of net banking and debit cards to pay registration and stamp fees on property transactions.

Aug 13, 2016, 00:20 AM IST

Get your dream home at lower price! Centre asks states to lower stamp duty for affordable housing

Union Government has written to the states asking them to reduce stamp duty on registration of houses for poor as it aims to push affordable housing projects across the country.

Jul 20, 2016, 12:51 PM IST

Uniform stamp duty in stock market transactions may soon become reality

The Finance Ministry is coming with a discussion paper on this in two months.

Nov 24, 2015, 10:39 AM IST

West Bengal to reduce stamp duty on properties worth above Rs 40L

The West Bengal government has proposed to reduce stamp duty on properties worth above Rs 40 lakh by a per cent to 6 per cent, state Finance Minister Amit Mitra has said.

Mar 04, 2015, 15:53 PM IST

Stamp duty charged on affidavit, domicile certificates waived

The Maharashtra government has waived the stamp duty chargeable on affidavit or declaration made for obtaining caste certificate, income certificate domicile certificate, nationality certificate to be filed before government authority or court.

Jan 20, 2015, 10:02 AM IST

Investors not to pay stamp duty for agreements on demat a/c

Investors are no longer required to pay stamp duty relating to agreements on demat account under the new guidelines introduced by market requlator Sebi, a move that will help save costs during registration with the securities market.

Dec 06, 2013, 15:09 PM IST

Goa govt eyes Rs 240 crore through renewal of mining leases

Goa government plans to collect a total revenue of Rs 240 crore in the form of stamp duty by renewing mining leases in the state, an official said.

Mar 04, 2013, 20:24 PM IST

Goa to amend Stamp Duty Act; mine owners to pay

Goa govt introduced a bill in the legislative assembly that would compel the mine owners to pay stamp duty at the time of renewal of mining leases.

Aug 03, 2012, 21:54 PM IST

Stamp duty amended, mine owners to pay 15 pc royalty

The Goa government has approved an amendment to the Stamp Duty Act under which mine owners will have to pay 15 per cent of royalty .

Aug 02, 2012, 13:18 PM IST

Stamp duty evasion order: Bhushan to move HC

Team Anna member Shanti Bhushan termed as "illegal" the order of Assistant Stamp
Commission slapping a fine of Rs 27 lakh on him.

Jan 06, 2012, 22:50 PM IST

Stamp duty on commodity derivatives may fuel inflation'

Brokers and experts have cautioned against the move to impose a uniform stamp duty for all derivatives transactions saying it will affect nascent commodity futures market and fuel food inflation.

Nov 20, 2011, 12:41 PM IST

Govt may impose 0.003% stamp duty on commodities, stocks

The government may impose a stamp duty of Rs 300 per crore (0.003 per cent) on transactions in commodities, stocks and other derivatives, with the Finance Ministry moving a proposal to Cabinet for taking the final call, sources said.

Nov 15, 2011, 12:24 PM IST

MCA opposes move to hike stamp duty on commodities futures

The Ministry of Consumer Affairs (MCA) has opposed the proposal to amend a law for hiking stamp duty on commodity futures, stating that the move will be a burden on the nascent market.

Sep 12, 2011, 21:11 PM IST

Stamp duty issue: Bhushans get more time

Lawyer Shanti Bhushan and
his three children were on Saturday granted one more week`s time by
the Stamp and Registration office here to reply to a notice
for alleged stamp duty evasion to the tune of Rs 1.33 crore.

Apr 23, 2011, 14:27 PM IST

Stamp duty on leave and license agreements slashed in Maha

Rates of stamp duty in Mumbai and
suburbs on Leave and License Agreements will be lowered to
bring uniformity with existing rates in other major cities
like Pune and Thane district.

Mar 20, 2010, 23:06 PM IST

Govt stamp duty should have primacy to avoid evasion: SC

The SC has held that circle rates fixed by the government for imposing stamp duty on registration of properties should be given primacy as otherwise it would lead to large-scale under valuation resulting in huge revenue losses.

Mar 14, 2010, 10:21 AM IST

Levy stamp duty on property bought through court auction: Madras HC

Holding that registration of documents under Stamp Act was not only proof of ownership but also an important source of income, the Madras HC said it expected the legislature to effect suitable amendments to the Registration Act.

Sep 19, 2009, 00:15 AM IST