Rajasthan Govt. notified regarding the stamp duty chargeable on the assignment deed

Jul 13, 2024 | by TeamLease RegTech Legal Research Team

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Commercial ComplianceThe Finance Department, Rajasthan on July 10, 2024, issued the notification regarding the stamp duty chargeable on the assignment deed, executed by the person who is eligible to get a lease deed from the local authority for the purpose of assigning or transferring his right in favour of another person to get the lease deed shall be reduced and charged as stated.

The following has been stated namely: -

• For every allotment letter executed by the developer in respect of the project covered under the Rajasthan Township Policy, 2002 or Rajasthan Township Policy, 2010 – Rupees five hundred on every such deed

• In any other case not covered under serial number 1 above – 5% on the market value of the property in respect of which the assignment deed is executed.

[Notification No. S.O.17]


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