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#stamp-duty-basics

5 articlestagged with “stamp-duty-basics

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Stamp Duty Basics

How Stamp Duty Is Calculated in India: Circle vs Market

Stamp duty isn't simply a percentage of what you paid — it's a percentage of whichever is higher, your agreement value or the government's reference value, and that difference can catch first-time buyers off guard.

26 Aug 202612 min
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#how-stamp-duty-calculated#circle-rate#agreement-value
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Stamp Duty Basics

Circle Rate vs Market Value: Which Sets Your Stamp Duty

You negotiated the price down, but the sub-registrar may still charge stamp duty on a higher government number — here's why, and how to plan for it.

26 Aug 202611 min
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#circle-rate-vs-market-value#ready-reckoner-rate#guidance-value
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Stamp Duty Basics

Ready Reckoner Rate Explained: How It Sets Mumbai Duty

In Maharashtra, the flat you negotiated in Mumbai, Thane or Pune isn't valued for stamp duty at the price you paid — it's valued at whichever is higher: your price, or the government's Annual Statement of Rates for your exact zone.

26 Aug 202611 min
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#ready-reckoner-rate#maharashtra-stamp-duty#mumbai-property
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Stamp Duty Basics

Guidance Value in Karnataka: How It Sets Bengaluru Duty

Why Bengaluru's registration office often values your flat higher than what you actually paid, and how to look up that number before you book.

26 Aug 202613 min
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#guidance-value-karnataka#bengaluru-property#kaveri-portal
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Transaction Types

Sale Deed vs Sale Agreement: Where Stamp Duty Applies

One document promises a future sale, the other transfers ownership today — knowing which one your state taxes as the chargeable instrument stops you from worrying you're paying stamp duty twice.

26 Aug 202613 min
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#sale-deed-vs-agreement#conveyance-deed#agreement-to-sell