The state’s Ashok Gehlot Government has increased the stamp duty by 10% surcharge to compensate the revenue in the Corona crisis. The increased surcharge will be used on the expenses and work being done by the government regarding the corona epidemic (covid-19).
Jaipur. The state’s Ashok Gehlot Government has increased the stamp duty by 10% surcharge to compensate the revenue in the Corona crisis. The increased surcharge will be used on the expenses and work being done by the government regarding the corona epidemic (covid-19). The tax division of the Finance Department has issued its official orders. With this decision of the state government, the total surcharge on the stamp has now been 30 percent. 10% surcharge infrastructure and 10% surcharge on stamp is already in place for promotion. The Gehlot government has now imposed a 10% surcharge on the stamp for the complete eradication of the corona epidemic. So that there is no shortage of money to stop this epidemic.
Registrar houses now become costly
governmentHas increased surcharge for the purpose of relief in natural or man-made disasters like drought, flood, epidemic, public health labor, fire etc. With the decision of the state government, now the purchase and endorsement of houses in the state will become expensive. Registry of houses has become expensive now. The value of the stamp has increased by 10%. Earlier, the customer had to pay 120 at a face value of 100 rupees stamp . But now we have to pay 130 rupees. Earlier 10 per cent surcharge was taken for infrastructure. After that 10% surcharge was levied on cow culture. Now the percentage has been increased further. With this surcharge has increased to 30%.
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Stamp is used here and there
Cannot buy and sell a house without a stamp. House cannot be registered without a stamp. Cannot get loan from bank. Stamp is also mandatory for affidavit. A power of attorney requires a stamp. Payment of stamp duty in other works including transfer of instruments, deed of partition, repayment of mortgaged property, mortgage deed, sale certificate, gift deed, exchange deed, rent statement, power of attorney, license agreement, lease deed. Have to do. It is a type of tax that is levied on prescribed documents. Surcharge levied for lack of funds
The previous government had earlier issued an order on 31 March 2017 and imposed a surcharge of 10% on stamp duty. This surcharge was levied for development of basic infrastructure facilities, funding of municipal and panchayat institutions as well as for the protection and promotion of cow and its breed. The state treasury is not in good health. Therefore, the government has increased the surcharge.
