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Stamp duty payment

All documents to incur E-registration fee in Delhi

All documents to incur E-registration fee in Delhi
Electronic Stamps for stamp duty payment was the first step, Delhi government took towards realizing some revenue. It has now floated the idea of charging electronic registration fee for documents and this includes properties too. Futuristic Approach The idea of this concept is to shed over the old manual up gradation of documents which in [...] Continue Reading »

Stamp duty collection to rise with high value property deals

Stamp duty collection to rise with high value property deals
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 »

Flats in Mumbai to witness hike in stamp duty

Flats in Mumbai to witness hike in stamp duty
A bad news is in store for tenants and owners of flats in Mumbai! Stamp duty is going to be dearer for flats in the city after the recent announcement of budget by state finance minister on 20th of March. The hike in stamp duty will be applied for both rentals as well as leave-and-licence [...] Continue Reading »

Stamp duty payment on property transactions to become easier

Stamp duty payment on property transactions to become easier
Paying stamp duty on property transactions is going to be easier now. The task of going around multiple offices will be eased very soon. To make the stamp duty collection system easy, Maharashtra cabinet has approved a new model under which authorized banks will collect stamp payments. With this the whole system will be secured against [...] Continue Reading »



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