{"id":7815,"date":"2024-06-14T03:19:27","date_gmt":"2024-06-14T03:19:27","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=7815"},"modified":"2024-06-14T03:19:27","modified_gmt":"2024-06-14T03:19:27","slug":"builders-urge-rajasthan-govt-for-tax-incentives-to-boost-industry","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/builders-urge-rajasthan-govt-for-tax-incentives-to-boost-industry\/","title":{"rendered":"Builders urge Rajasthan govt for tax incentives to boost industry"},"content":{"rendered":"

Developers have urged the to reduce stamp duty and abolish surcharge in the budget to revive fortunes of real estate sector. At present, 30% surcharge is imposed on stamp duty, including swachh cess of 10%.
After first lockdown, both consumers and real estate Industry<\/a> faced a setback as stamp duty was increased to 6% from 5%. Also, with 1% registration fee and 30% other taxes, the total stamp duty had gone up to 8.8%.<\/p>\n

The state government had earlier announced to reduce stamp duty on housing units in multi-storey buildings from 6% to 4% until March 31, 2022. The benefits are provided to buyers purchasing flat worth up to Rs 50 lakh.<\/p>\n","protected":false},"excerpt":{"rendered":"

Developers have urged the to reduce stamp duty and abolish surcharge in the budget to revive fortunes of real estate sector. At present, 30% surcharge is imposed on stamp duty, including swachh cess of 10%. After first lockdown, both consumers and real estate Industry faced a setback as stamp duty was increased to 6% from … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1083],"tags":[1126],"class_list":["post-7815","post","type-post","status-publish","format-standard","hentry","category-rajasthan","tag-10-02-22"],"yoast_head":"\nBuilders urge Rajasthan govt for tax incentives to boost industry - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/builders-urge-rajasthan-govt-for-tax-incentives-to-boost-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Builders urge Rajasthan govt for tax incentives to boost industry\" \/>\n<meta property=\"og:description\" content=\"Developers have urged the to reduce stamp duty and abolish surcharge in the budget to revive fortunes of real estate sector. At present, 30% surcharge is imposed on stamp duty, including swachh cess of 10%. After first lockdown, both consumers and real estate Industry faced a setback as stamp duty was increased to 6% from ... 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At present, 30% surcharge is imposed on stamp duty, including swachh cess of 10%. After first lockdown, both consumers and real estate Industry faced a setback as stamp duty was increased to 6% from ... 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