Property registration: Reduce the cost of Stamp Duty in property registration by following these 4 legal methods

Property registration: Reduce the cost of Stamp Duty in property registration by following these 4 legal methods

There is a huge burden of stamp duty in the purchase of land, house, shop, flat etc. The buyer has to pay lakhs of rupees as stamp duty. Let us tell you that stamp duty is applicable on the purchase, sale, or transfer of property. This tax is collected by the state government. Stamp duty is collected on the market value of the property or the transaction value (whichever is higher). Now the question is whether the burden of stamp duty can be red…

Do not get caught out by stamp duty payable on debt secured against your property!

Many people are considering making transfers of their property or land to their children or other family members in light of the upcoming dramatic changes to inheritance tax rules for farmers and landed families. Whilst it may be advantageous to transfer land or properties ahead of the inheritance tax changes, there are many matters to be considered and we strongly recommend that you talk to your family and take both legal and tax advice before …