The Finance Department, Rajasthan, on July 10, 2024, issued a notification regarding the reduction of stamp duty in case of the instrument executed before March 31, 2004.
The following has been stated: -
•If the document is executed up to March 31, 1995, the stamp duty payable will be 20% of the market value of the property prevailing on the date of reference to Collector (Stamps).
•If the document is executed between April 1, 1995, to March 31, 2000, the stamp duty payable will be 30% of the market value of the property prevailing on the date of reference to Collector (Stamps).
•If the document is executed between April 1, 2000, to March 31, 2004, the stamp duty payable will be 40% of the market value of the property prevailing on the date of reference to Collector (Stamps).
[Notification No. S.O.27]
