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Latest Articles in Stamp duty

Realty developers hail Maharashtra govt's move to cut levies

Realty developers hail Maharashtra govt's move to cut levies

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Stamp Duty Reduction Is Welcome, But There Is A Case For Circle Rate Reduction

While reduction in stamp duty is certain to help the cause of the buyers, they would only be able to reap entire benefits of the lower prices only if circle rates too are revised downwards, especially in areas where the divide between actual prices and the circle rate is higher.

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NAREDCO Maharashtra Developers Give A Zero Stamp Duty Booster To Homebuyers

Real estate is a second-largest employer in the country and a move like this from the apex body would also be instrumental in arresting the job losses in the country during such challenging COVID time which ultimately boosts the economic growth in the State. re

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Stamp Duty Cut - Ready Properties Get Even More Attractive

Another 55,750 units are expected to be completed in MMR and Pune by March 2021 – the time when reduced stamp duty rates revert to normal.

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Panchshil Realty welcomes Maharashtra Government's bold move to reduce stamp duty on property transactions

Panchshil Realty welcomes Maharashtra Government's bold move to reduce stamp duty on property transactions

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More States May Follow Suite As Maharashtra Slashes Stamp Duty Rates

In order to push the sales of ready-to-home residential units, the Maharashtra government has decided to reduce Stamp Duty on housing units—from 5 per cent to 2 per cent. The reduced Stamp Duty rates of 2 per cent will be valid till December 31, 2020. Stamp duty rates from January 1, 2021, until March 31, 2021, will be 3 per cent. More states may announce similar reduction soon

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Stamp Duty Cut May Boost Sentiments

Maharashtra & Karnataka mulling cut in stamp duty rates; Maharashtra looks at 2-3% reduction; Currently, stamp duty charges in Mumbai & Pune is 5% Stamp duty rate cuts coupled with ongoing discounts & freebies could help festive housing sales, esp. affordable & mid segment properties

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Government May Eliminate Taxman's Discretion, Lower Stamp Duty

Tightening the noose further around black economy, the government may abolish discretionary powers of tax officers in deciding liabilities for evasion, said NITI Aayog Vice-Chairman Arvind Panagariya

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