Bengal government withdraws 2% stamp duty, 10% circle rate relief for real estate sectorThe West Bengal government has decided to end temporary relief measures for the real estate sector, including a 2 per cent stamp duty reduc...
01 Jul, 2024, 07.38 PM IST
Bombay High Court says no stamp duty on redeveloped housing society apartmentsThe court has set aside and revoked earlier circulars which contemplate that a Permanent Alternate Allotment Agreement (PAAA) executed betw...
01 Mar, 2023, 10.45 PM IST
Bombay High Court grants relief to Tata Autocomp from paying duty on a bill of entryThe Tata Group-owned automotive component major had challenged the stamp duty on ‘Bills of Entry’ on import of goods.
18 Feb, 2022, 10.04 PM IST
Karnataka Assembly passes Bill slashing stamp duty by 2% on flats priced below Rs 45 lakhRevenue Minister R Ashoka said lakhs of flats in Bengaluru and in other cities have remained unsold due to the distress caused by the Covid...
20 Sep, 2021, 08.04 PM IST
West Bengal and Karnataka Governments cut stamp duty to revive residential salesHowever, the housing demand in Bengaluru is unlikely to get a significant booster as the market is largely skewed towards the mid-segment –...
23 Jul, 2021, 07.54 PM IST
Realtors urge Maharashtra govt to reduce stamp duty as registrations, collection take a hitIn separate letters to Chief Minister Udhav Thackeray, Finance Minister and Deputy Chief Minister Ajit Pawar and Revenue Minister Balasaheb...
01 Jun, 2021, 01.44 PM IST
Stamp duty cut unlikely to spur quick investments into projectsYediyurappa has proposed to cut the stamp duty rate on flats priced between Rs 35 lakh and Rs 45 lakh to 3% from 5%, provided it is a prima...
10 Mar, 2021, 01.51 PM IST
Flats below Rs 45 lakh to cost less in Karnataka, but only on primary salesIt is to be seen if Monday's announcement will provide enough incentive for first time home buyers to book their flats, and provide confide...
09 Mar, 2021, 08.20 AM IST
Measures like tax relief may not be of much help to realtors, say industry bodiesIndustry lobby groups Naredco and Credai said a one-time loan restructuring and a simpler process to avail of last-mile funding would help ...
15 Nov, 2020, 08.11 PM IST
UP RERA urges state to reduce stamp duty on property registration by 2%The move, if implemented, is expected to give a boost to the realty sector, providing relief to developers with unsold inventory over the y...
21 Sep, 2020, 06.33 PM IST
Maharashtra realty developers to pay reduced stamp duty for homebuyersThe decision comes in the backdrop of last week’s announcement by the state government to reduce the stamp duty on property registrations t...
03 Sep, 2020, 04.48 PM IST
No registration fee, stamp duty for first sale of apartments in Tamil NaduThe move comes in the wake of some sub-registrar offices demanding to register the apartments attracting stamp duty and registration fee. H...
12 May, 2020, 10.49 AM IST
Pune: Stamp duty relief will boost real estate, say PMC officialsThe Pune Municipal Corporation (PMC) officials feel that the 1% reduction in stamp duty for property registration offered by the state gove...
01 Apr, 2020, 12.53 PM IST
Liquor & cosmetics get dearer in MaharashtraConsumers in Maharashtra will have to pay more for cosmetics, jewellery, tobacco, liquor, industrial tools made of precious metals.
21 Mar, 2013, 10.29 AM IST
- Advertising industry fails to get relief on new stamp duty law
Bombay High Court on Wednesday did not give any relief to the advertising industry, which has filed a petition against a new law that levie...
14 Jan, 2009, 06.06 PM IST
- Stamp duty waiver likely to sweeten conversion to LLP
Partnership firms, private companies and unlisted public limited companies can look forward to convert themselves into the more flexible fo...
10 Mar, 2008, 01.58 AM IST
- Stamp duty relief for India Inc
Select industries, including sugar, food processing and leather tanning, may get stamp duty exemption for buying industrial land.
10 Jan, 2007, 02.56 AM IST