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UNIFORM STAMP RATE
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...- Kolkata stock brokers ask WB govt to scrap or cap stamp duty on proprietary transactionsThis would not only help the state boost its pro-business image, but also arrest flight of brokerage firms to places like Mumbai that offer...
- Govt to implement uniform stamp duty on transfer of capital market instruments from July 1The government had introduced changes to the Stamp Duty Act last year.
- 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...
- Share transfers to turn costlier from January next yearAll transactions done on stock exchanges will have same stamp duty rates across the country.
- 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...
- Budget 2012: Finance ministry plans new law for uniform stamp rate for all dealsThe new Indian Stamp Duty Act to allow stock exchanges to collect stamp duty from the purchaser and pass it on to respective states
- Govt to come out with market-friendly stamp duty norms shortlyThe 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 ActStamp 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 estateUniform stamp duty on property deals will end rate wars among states.
- 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...
- States not keen on pan-India securities mktStates have turned a cold shoulder to the Centre’s ambitious plan for a pan-India securities market by having a uniform stamp duty structur...
- 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...
- Fund-hungry states slash stamp dutyThe 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 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...
- Cut stamp duty to 4%: AssochamIndustry body Assocham has demanded uniform stamp duty rate of 4 per cent throughout the country on all property transactions along with co...
- Govt may roll out uniform stamp duty, tighten normsThe Centre has finally initiated a move to usher in uniformity in the stamp duty rates across states in the medium term. This has been a lo...
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