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DOUBLE STAMP DUTY
Rs 1 crore apartment becoming Rs 1.8 crore while selling is an illusion?: CA explains the hidden math of real estate profitsA property expert reveals a common 'math illusion' surrounding real estate gains. Many investors overlook significant expenses like stamp d...
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
Death rate in ICE immigrant detention centers more than doubles under Trump, Reuters analysis findsFifty individuals have died in U.S. immigration detention since January 2025, a rate that has more than doubled since 2009. Concerns are ri...
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
Ajit Pawar’s son now has to pay Rs 42 crore to cancel Rs 300 crore controversial Pune land dealParth Pawar's firm faces a Rs 42 crore stamp duty demand to cancel a 40-acre land sale deed in Pune. The cancellation follows the scrapping...
Action in Pune land deal case as per law; won't save anybody: FadnavisAction is underway in the Pune land deal case. A company linked to Parth Pawar, son of Deputy CM Ajit Pawar, was involved in a deal for gov...
Pune land deal row: Parth Pawar's firm must pay double stamp duty to cancel sale deedA Pune land deal involving Ajit Pawar's son Parth Pawar's firm has been cancelled. The firm, Amadea Enterprises LLP, faces a Rs 42 crore st...
Gujarat government doubles 'jantri' rates for immovable properties after 12 yearsIn case of land acquisition for various projects, the ASR are considered as the basis for giving compensation to land owners. Superintenden...
Mumbai property registration record spree continues, scales new 10-year peak in OctoberOctober has recorded 8,307 registrations in the country’s most expensive property market, exceeding the September figures, according to dat...
Maharashtra: Gems, jewellery manufacturing activities exempted from emergency measuresIn a virtual meeting with the gems and jewellery manufacturers and exporters on Friday, Maharashtra Chief Minister Uddhav Thackeray said ma...
Share transfers to turn costlier from January next yearAll transactions done on stock exchanges will have same stamp duty rates across the country.
Collection of stamp duty on stocks to be centralisedAt present, brokers collect stamp duty at rates fixed by the state where the trade takes place and deposit it with the local government.
GST rollout: Home buyers to benefit if Karnataka government cuts stamp dutyCredai Bengaluru, are trying to convince the government to cut or abolish stamp duty and registration fees in the wake of GST being impleme...
If housing board has its way, stamp duty & registration fees on houses may fall to 5-6%For an average Indian home-buyer, the total ownership cost would fall significantly if the National Housing Board’s suggestions are accepte...
Moving into a redeveloped flat in Mumbai? No need to pay stamp dutyThe National Real Estate Development Council (Naredco) had been lobbying with the department of registration and stamps since some time to ...
Flats in Noida, Greater Noida to get costlier after 2% hike in stamp dutyThis will put an extra Rs 1-2 lakh burden on each buyer, while the revenue department expects to earn an additional Rs 100 crore.
Flats in Noida to get costlier as registration charges rise by 2%Authorities say registration charges will be hiked from the current 5% to 7% to bring the rate in Noida on a par with the rest of the state.
India's stamp duty collections can be raised to Rs 2 lakh croreCollections from stamp duty and registration fees on property and capital transactions can be more than doubled.
- Uniform STT proposed in revamp of Stamp Duty Act
Stamp duty, the main source of revenue for states, is a form of tax that is levied on transactions such as buying and selling of land and s...
- Maharashtra cuts realty stamp duty concession to 1 year
Maharashtra finance minister Jayant Patil in his budget announced on Wednesday a reduction in the concession period for payment of stamp du...