Builders urge Rajasthan govt to reduce stamp duty in coming budget

rawan239

2 years ago

In a meeting with the finance department on Friday to give recommendations for the budget 2022-23, leading real estate body Credai-Rajasthan urged the government to rationalize the stamp duty structure to make housing affordable for the common man.

Real estate developers who metAkhil Arora, principal secretary (finance), acknowledged that the government should remove the provision for charging households residing in societies to pay an

288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

additional amount for having access to Bisalpur water.

Along with surcharge, the stamp duty inRajasthanis among the highest in the country at 8.80%. Additionally, DLC rates are also rising continuously hitting the affordability for people. Similarly, the industry body wanted the finance secretary to remove the anomaly of stamp duty on ware houses.