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STAMP DUTY UNIFORMITY
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....
Maharashtra’s Ready Reckoner revamp may align valuations with market realitiesIn a bold move, Maharashtra is gearing up to implement micro-zoning alongside tailored Ready Reckoner rates, a shift designed to refine pro...
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 ...
CII proposes comprehensive reforms to streamline industrial land access in IndiaThe Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing...
CII calls for GIS-enabled national land bank to ease industrial acquisitionsThe Confederation of Indian Industry (CII) is advocating for a unified national industrial land bank. This initiative aims to create an onl...
Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
CII suggests GIS-enabled land bank, uniform stamp duty to speed up acquisitionThe Confederation of Indian Industry (CII) has proposed a unified national industrial land bank with a GIS-enabled system to streamline lan...
Govt extends implementation of uniform stamp duty for capital market instruments to July 1The finance ministry also clarified that there is no change in the financial year. "There is no extension of the Financial Year," said a fi...
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
Stamp Duty Act revamp on the cardsThe department of economic affairs in the finance ministry has already held one round of discussion with states where it made a presentatio...
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...
- Govt to come out with market-friendly stamp duty norms shortly
The new structure, he added, would help the states modify their stamp duty regulations for various instruments like equities, futures and o...
- 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...
- Don't leave out real estate
Uniform stamp duty on property deals will end rate wars among states.
- Uniform stamp duty awaits debt papers
Debentures and promissory notes will soon attract a uniform stamp duty across the country.
- Centre may stamp duty rate for bonds
A 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...
- Fund-hungry states slash stamp duty
The Centre’s diktat has worked. While many states have slashed stamp duty rates from as high as 12% to as low as 6%, other states are plann...
- States agree to uniform stamp duty on debt instruments
India’s moribund debt market is set to finally get a leg-up with state governments granting an in-principle approval to rationalise stamp d...
- Cut stamp duty to 4%: Assocham
Industry body Assocham has demanded uniform stamp duty rate of 4 per cent throughout the country on all property transactions along with co...
- Centre moots uniform 5% stamp duty
In a major initiative to unearth black money and to develop a robust secondary market in real estate, the government will propose a uniform...