The Finance Department of Rajasthan on August 02, 2022, issued a notification regarding the stamp duty on the instruments relating to a flat or residential unit, market value of which does not exceed Rs 50 lacs, in a multistorey building exceeding four floors shall be reduced and charged at the rate of 4%, if such instrument is executed and presented for registration upto March 31,2023.
The following stamp duty of deeds have been reduced:
• conveyance deed
• lease deed issued/executed by the State Government, Local Authorities, Public Enterprises or any other Government Bodies in consequence of allotment or sale.
This notification shall come into force from April 01,2022.
[No.F.4(2)FD/Tax/2018-16]