- Economy
- Education And Career
- Companies & Markets
- Gadgets & Technology
- After Hours
- Healthcare
- Banking & Finance
- Entrepreneurship
- Energy & Infra
- Case Study
- Video
- More
- Sustainability
- Web Exclusive
- Opinion
- Luxury
- Legal
- Property Review
- Cloud
- Blockchain
- Workplace
- Collaboration
- Developer
- Digital India
- Infrastructure
- Work Life Balance
- Test category by sumit
- Sports
- National
- World
- Entertainment
- Lifestyle
- Science
- Health
- Tech
MP govt reduces cess on stamp duty on urban property transactions from 3% to 1%
MP govt reduces cess on stamp duty on urban property transactions from 3% to 1%
Photo Credit :
Bhopal (Madhya Pradesh) [India], September 7 (ANI): A cess of one per cent on stamp duties, reduced from earlier 3 per cent, will be levied on all urban area property transactions, said Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday.
"Economic activities were almost totally halted due to COVID-19 lockdown. The real estate business was affected. Keeping this in view, a cess of 1 per cent on stamp duties, reduced from earlier 3 per cent, will be levied on all urban area property transactions. This will be applicable till December 31," Chouhan told media on Monday. (ANI)
Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house. Unless otherwise noted, the author is writing in his/her personal capacity. They are not intended and should not be thought to represent official ideas, attitudes, or policies of any agency or institution.
