The Government of Rajasthan on October 30, 2024, issued notification regarding the revision of rate of Stamp Duty on Developer Agreement.
The State Government being of the opinion that it is expedient in the public interest so to do, hereby orders that stamp duty chargeable on agreement or memorandum of an agreement under clause (e) of Article 5 and power of attorney under clause (f) of Article 44 of the Schedule appended to the Act shall be reduced and charged at the rate of 1.25 percent of the market value of the land. Explanation: When proper stamp duty is paid either under clause (e) of Article 5 on agreement or memorandum of an agreement or under clause (f) of Article 44 on power of attorney, as the case may be, executed between the same parties and in respect of the same property then the duty chargeable on subsequent document either under clause (e) of Article 5 or clause (f) of Article 44 shall be rupees one hundred.
[Notification No. .F.5(3)FD/Tax/2022-1 0]
