Q:The cost of 2bhk flat is is 25lacs. What will be stamp duty, property registration fee, and other govt taxes?What will be the house tax, water tax and taxes lived by municipal
Latest Answer: Hi,
In a bid to provide relief to the common man in payment of stamp duty and registrations fees on the documents like sale agreement and the power of attorney during sale-purchase of properties, Chief Minister Vasundhara Raje in her budget also sought to reduce the stamp duty on these documents from 3 and 2 per cent to 0.5 per cent respectively.
She also sought to slash the registration fees from 1 per cent to 0.25 percent with a cap of Rs 10,000 on the two documents, namely sale agreement and the power of attorney.
