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STAMP DUTY RATIONALISATION
Centre rolls out transparency, safety and other state laws for Chandigarh; check what's newChandigarh's legal framework is set for a major upgrade. The Centre has extended five state laws to the Union Territory. These reforms aim ...- Oberoi Realty & Nirmal Lifestyle get NCLT approval for mergerThe National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...
- Budget 2024: Transit oriented development, stamp duty reduction to boost housing saleLower stamp duties, especially for women, will boost real estate through digitization and rental housing. A Rs 10 lakh crore urbanization b...
- New cost valuation norms may impact capital gains on property bought before April 1, 2001The existing provisions of section 55 of the Act provide that for computation of capital gains, an assessee shall be allowed a deduction fo...
- Shares, M&A deals to get a bit costlier due to new levyUnder the proposed centralised collection system, stock exchange or depositories will collect the stamp duty on sale or transfer of securit...
- In the works: Uniform stamp duty for financial instrumentsThe changes have been finalised to be made to the more than a century old stamp duty Act
- No information about impact of GST on real estate: GovernmentExperts feel that negative impact of the GST on realty sector may derail PMAY, which aims to provide housing to all by 2022 in the urban ar...
- National Housing Bank working on revamp of its residential housing indexNHB is also working on new indices such as rental index and building and construction material index, a top official said.
- Maharashtra may cut stamp duty to stem flight of capitalFor instance, even a copy of an executed agreement has to be stamped for its full value if the original agreement has not been stamped in t...
- States seek steep hike in stamp duty on life coverCost of insurance cover for individuals and group health schemes that companies purchase for their employees could go up, as some states ha...
- Demat trade stamp duty waiver on anvilThe Centre and stock market regulator SEBI have asked states to either waive off or rationalise the stamp duty on financial transactions ex...
- Stamp duty waiver likely to sweeten conversion to LLPPartnership firms, private companies and unlisted public limited companies can look forward to convert themselves into the more flexible fo...
- Debentures, promissory notes set to attract lower stamp dutyStamp duty on debentures and promissory notes is expected to be reduced soon.
- Uniform stamp duty awaits debt papersDebentures and promissory notes will soon attract a uniform stamp duty across the country.
- Centre may stamp duty rate for bondsA parliamentary committee is likely to meet shortly to take up the issue of imposing uniform stamp duty on the issue of bond paper, a sugge...
- Stamp duty to pinch less in propertyBuyers will pay stamp duty only on the difference between the transaction value and the previous sale.
- States agree to uniform stamp duty on debt instrumentsIndia’s moribund debt market is set to finally get a leg-up with state governments granting an in-principle approval to rationalise stamp d...
- Property market heats up despite costly home loansHome loans have become a lot more expensive. But the fizz in Mahrashtra’s property market remains, going by the stamp duty revenues of the ...
- Govt offers amnesty scheme to boost realtyJayant Patil's budget this year may boost property transactions in the state. The Maharashtra government on Thursday announced plans to 'ra...
- Maharashtra caps stamp duty at Rs 25 crMergers, amalgamations and acquisitions, leave and licence agreements and housing loan mortgages will soon be less expensive in Maharashtra.
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