Stamp Duty On Agreement In Himachal Pradesh

Stamp papers have different prices and stamp values. Any type of document or instrument must be executed on a fixed-value buffer paper. This value is based on the nature of the deed or document, the location (in himachal Pradesh state) and the value of the transaction or property. An instrument must be accurately labelled in order for this document to be legally and enforceable in court. Provided that a court before which an instrument, counter-piece, duplicate or copy is subject to the tax collected under this section is paid on it and is then received as evidence.“ HIMRIS is a software developed by NIC Himachal Pradesh for the computerization of the registration of deeds in the state. It is connected to HIMBHOOMI, a ground file management software in HP. SHCIL has also facilitated electronic buffering for the state. These rates were initially 8% (which is really high) and were reduced to 5% in 2007. The registration fee for the sale, donation and mortgage is 2% of the aforementioned amount (5%). These 2% registration fees are subject to a minimum Rs.5 and a maximum of Rs 25,000. In a 2013 communication on strengthening the role of women, the current stamp duty rate of 5% to 4% for female property registration was increased and stamp duty rates for men increased from 5% to 6%. In 2017, the state passed a bill to reduce the tax rate from 6% to 3% for women who purchase residential land.

(2) Between the word „conditional“ and the word „no obligation“ is inserted the word „also.“ 6-A. Payment of Himachal Pradesh stamp duty on copies, (1) Notwithstanding the taxes provided for in sections 4 or 6 or any other law, unless it is shown that the tax imposed under the Indian Stamp (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Himachal Pradesh Amendment) Act (Him and accounts for almost 5% of real income from all sources. The Indian Stamp Act of 1889 governs the state stamp act of Himachal Pradesh and the same act was used simultaneously to regulate stamp duty in several states such as Punjab, Himachal Pradesh, Orissa, etc.

Posted in:
Articles by
Published: