stamp duty

New Delhi, April 7 The Supreme Court has ruled that a High Court cannot waive the statutory penalty payable on deficient stamp duty, holding that such power lies exclusively with the competent authority under the relevant Stamp Act.In a significant judgment, a bench of Justices Sanjay Kumar...

Mumbai, April 2 – In an effort to manage the increasing workload of the state's revenue administration and ensure faster services for citizens, the MahaYuti government has approved a revised staffing structure for the Revenue Department.This decision marks a major shift in the department's...

Mumbai, April 2 Maharashtra Minister Chandrashekhar Bawankule said on Thursday that the state government has approved a revised structure for the revenue department, increasing the total number of staff to 35,876, including 1,300 positions filled through external sources.The move aims to...

Thane, April 2 Real estate developers in Thane, Maharashtra, have welcomed the state government's decision to maintain the existing Ready Reckoner rates, calling it a positive step for the sector.In a press release on Thursday, the Thane chapter of the Confederation of Real Estate Developers'...

Mumbai, April 1 Maharashtra Revenue Minister Chandrashekhar Bawankule said on Wednesday that the state government had refrained from implementing a proposed 12 to 14 per cent increase in ready reckoner rates this year, considering the ongoing West Asia crisis and the resulting global situation...

Mumbai, March 31 – In a significant move to strengthen the state's real estate sector, the Maharashtra government has decided not to increase the Ready Reckoner rates for the 2026-27 financial year.The Office of the Inspector General of Registration and Controller of Stamps announced on...

Mumbai, March 24 The Vikas Kharge committee, which investigated the sale of government land in Pune's Mundhwa area to a company co-owned by Parth Pawar, has stated in its report that the illegal transaction was facilitated by officials from the revenue, stamp and registration departments...

New Delhi, March 24 Citing the erosion of Rs 48 lakh crore in wealth from Indian stock markets since the beginning of the war in West Asia, AAP MP Raghav Chadha on Tuesday urged the government to provide relief to retail investors.Participating in a discussion on the Appropriation Bill (No 2)...

Chandigarh, March 23 Punjab Minister Harjot Singh Bains said on Monday that the government will soon grant ownership rights to shopkeepers, residents, and other occupants of surplus land in Nangal, Talwara, and adjoining townships, asserting that the land belongs to the state and not to the...

Mumbai, March 23 The Securities and Exchange Board of India (SEBI) board on Monday decided to allow foreign portfolio investors (FPIs) to net funds for same-day cash market trades, instead of settling each trade individually, a move aimed at enhancing operational efficiency and reducing their...

New Delhi, March 23 According to the 2025-26 economic survey report, presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The report further stated...

Raipur, March 20 – On the final day of the Chhattisgarh Assembly budget session on Friday, the Vishnu Deo Sai-led Bharatiya Janata Party (BJP) government passed the Chhattisgarh Cess Amendment Bill 2026.The legislation abolishes the 12 per cent cess levied on land registrations across the...

Gurugram, March 18 The Gurugram Municipal Corporation unanimously approved the budget estimate for the financial year 2026-27 in a special meeting held on Wednesday, an official said.Presenting the budget estimate, Chief Accounts Officer Vijay Kumar stated that estimates have been prepared for...

New Delhi, March 12 The Supreme Court on Thursday asked two petitioners, who had challenged a provision of a 1882 law that exempts gifts executed under Muslim law from registration, to approach the Law Commission of India.A bench headed by Chief Justice Surya Kant said the appropriate recourse...

Itanagar, March 12 Arunachal Pradesh Minister of Commerce and Industries, Nyato Dukam, informed the Assembly on Thursday that the government has formulated a new industrial policy aimed at transforming the northeastern state into an industrial hub, offering a range of incentives to attract...

Jaipur, March 10 – Chief Minister Bhajanlal Sharma stated on Tuesday that a robust revenue system plays a crucial role in accelerating the state’s development and ensuring that the benefits of public welfare schemes reach the last person in society.He claimed that with this objective, the...

Mumbai, March 9 – Both houses of the state legislature unanimously passed the Maharashtra Stamp (Amendment) Bill 2026 on Monday, which aims to ensure the rapid disposal of pending stamp duty cases and to streamline administrative processes.The bill was presented by Revenue Minister...

Mumbai, March 9 The Maharashtra assembly passed a bill on Monday to amend the Stamp Act, aimed at expediting the disposal of pending cases related to stamp duty and improving administrative efficiency in the revenue department.Revenue Minister Chandrashekhar Bawankule told the legislative...

Bengaluru, March 9 – Chief Minister Siddaramaiah defended Karnataka’s fiscal management on Monday, blaming the Centre for shortfalls in expected funds, stating that the state was forced to present a deficit budget despite maintaining financial discipline.Addressing a training session for...

Puducherry, March 7 Puducherry Chief Minister N Rangasamy greeted women on the eve of International Women's Day.In his message, Rangasamy said that women are playing a significant role in various sectors and particularly in education, health and administration.He said that women's role is...