Tuesday, 7 September 2010
THE KERALA STAMP ACT, 1959 download full text to know more about the stamp duty payable in Kerala for registration of deeds and more.
Calculation of stamp duty is a relevant factor when dealing with registration of deeds. Down load the full text of Kerala legislation.
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As per new order, in Panchayath/Municipality/Corporation limits, you have to pay 7-8-9 per cent of the sale consideration as stamp duty for sale deeds. It will be 1 per cent for settlement deeds and partition deeds.
ReplyDeleteThe Assembly approved changes to the Kerala Finance Bill 2007-08 to bring into effect a reduction in stamp duty on flats and metal crushers. Flats assessed to be below a cost price of Rs 5 lakh would be totally exempted from tax, the Finance Minister, Dr Thomas Isaac, announced in the Assembly.
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