The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Crime
  • Entertainment & Lifestyle
  • Featured
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • Nagpur City
  • Politics
  • Business
  • Nagpur Education
  • Entertainment
  • Nagpur Sports
  • Health
  • Vidarbha
  • Crime
  • Obituary
Trending

Govt breaks promise, now people have to pay 4% stamp duty

by TLN Team January 1, 2021January 1, 2021
written by TLN Team January 1, 2021January 1, 2021
Govt breaks promise, now people have to pay 4% stamp duty

State Government has increased stamp duty by one per cent applicable from January 1, 2021 till March 31, 2021. Earlier the Government had stated that the hike would be of half per cent only and people would have to pay 3.5 per cent stamp duty. Now, the Government says that people have to pay 4 per cent stamp duty for the last quarter of fiscal year.

Inspector General Registrar and Stamp Duty Controller, Maharashtra State, Pune, on August 31, 2020, had issued a notification where it was clearly mentioned, ‘The discount in Stamp duty has been given. People in Mumbai and Mumbai Suburbs will have to pay 2% stamp duty from September 1 to December 31, 2020. They will have to pay 3% stamp duty from January 1 to March 31, 2021.” The notification further stated, the stamp duty will be 3% (September 1 to December 31, 2020) and 3.5 per cent (From January 1 to March 31, 2021) for the Municipal Corporations, Municipal Councils of Maharashtra excluding Mumbai and Mumbai suburbs. It was very much clear. During mid-December, 2020, a message went viral on social media that the stamp duty to be paid from January 1, 2021 would be four percent.

The Government had issued a press release on December 22 and declared that people would not have to pay four per cent stamp duty; it would be 3.5 per cent as decided earlier. Now, the Government has changed its stand and hiked the stamp duty by half per cent. Now, the residents in Maharashtra other than Mumbai and Mumbai suburbs will have to pay 4 per cent stamp duty. The same would be 5 per cent again from April 1, 2021 onwards. Now, the Government has changed its stand and hiked the stamp duty by half per cent. Now, the residents in Maharashtra other than Mumbai and Mumbai suburbs will have to pay 4 per cent stamp duty. The same would be 5 per cent again from April 1, 2021 onwards.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Metro service to remain closed on Jan 1 due to construction work
next post
Smart move, property tax collection counters to remain functional on public holidays too

You may also like

Now get 10 % discount on ticket booking...

January 22, 2021

State govt forms committee to assess human-leopard conflict

January 22, 2021

5 people dead in massive fire at serum...

January 21, 2021

This Pune’s ‘Bullet Thali’ challenge is grabbing attention...

January 21, 2021

Fire breaks out at Serum Institute of India...

January 21, 2021

State Education Minister: Schools for Classes 5 to...

January 16, 2021

62 passengers and crew aboard Indonesia plane suspected...

January 9, 2021

COVID-19 Pandemic, Teachers to get Insurance Cover Facility

January 9, 2021

Nagpur bagged 17th place as happiest city in...

January 7, 2021

Pench National Park gets First Place among National...

January 2, 2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Trending News

  • Now get 10 % discount on ticket booking if berth available after chart preparation

    January 22, 2021
  • State govt forms committee to assess human-leopard conflict

    January 22, 2021
  • 5 people dead in massive fire at serum institute, Pune

    January 21, 2021
  • This Pune’s ‘Bullet Thali’ challenge is grabbing attention of foodies and motobike lovers

    January 21, 2021
  • Fire breaks out at Serum Institute of India in Pune

    January 21, 2021

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

January 2021
M T W T F S S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Crime
  • Entertainment & Lifestyle
  • Featured
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.