Mirror Now
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Stamp Duty To Go Up In Karnataka, State Government Tables Bill During Winter Session | Top News
Posted
December 8, 2023
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December 8, 2023
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1:59Now PlayingTop News | In an attempt to raise money, the Karnataka administration filed a measure in the assembly on Thursday that would increase the stamp duty on legal papers including affidavits, deeds and powers of attorney.
The Karnataka Stamp (Amendment) Bill suggests tripling all levied duties, with certain instruments seeing a five-fold rise. The state government depends on stamp duty and registration fees for funding, and this fiscal year it wants to raise Rs 25,000 crore in income from them. Keep an eye on Mirror Now for the latest developments.
#karnataka #taxbill #stampduty #legalpapers #affidavits #amendmentbill #fiscalyear #mirorrnow #topnews #englishnews #latestnews #latestupdates
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