stamp duty

Curiosity price, stamp obligation to not be included within the base value for calculation of LTCG on properties: Income Secretary

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Income Secretary Sanjay Malhotra on Wednesday mentioned that curiosity price and stamp obligation paid for buying immovable property won’t be added to the bottom value for calculation of long-term capital acquire. The Finances has proposed reworked long-term capital acquire taxation for immovable property at decrease price however with out indexation. “Beneath the prevailing mechanism, the … Read more

Kolkata witnesses file variety of residential property registrations in June

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Kolkata witnessed a file development in residential property registrations in June, because the West Bengal authorities withdrew rebates on stamp responsibility and circle fee, efficient from July this 12 months, after offering these advantages for the final three years. A complete of 4,292 residential properties have been registered in Kolkata Metropolitan area in June 2024, … Read more