Stamp duty collection
The State Government has announced its decision to increase the guidance rate for property. Suresh Hari, analysing the trend predicts that such a method of calculation can lead to an inflationary trend that excludes price correction at any point of time creating an artificial bubble. An increase in the guidance rate for property, which has [...] Continue Reading »
With the increasing property deals of high value in the state, it has been forecasted that the stamp duty collection is also going to boost up. As per Inspector General of Registration and Controller of Stamps, revenue generated from stamp duty will be around Rs 2000 crore in the financial year 2012-13. However, the property [...] Continue Reading »
