Therefore, it is not possible to use the same stamp. At the same time, the official registration has yet to be issued by The Punjab Govt. Therefore, stamp papers must be refunded, pl. If you have recently moved to one of Punjab`s happening towns, you should look for decent accommodation. What could be better than having a legal contract setting out all the terms of a rental agreement between a landlord and a tenant for the rental or rental of a place of your choice. In general, it is getting better to know what all the clauses go into a lease. The rent of the premises is decided by the landlord and the tenant, provided that the rent agreed for the last month of tenancy is increased by 5 per cent over a two-year period and that the third year is increased by the increase in the consumer price index over the corresponding three years. You can generate a Challan online (form 32) through a mobile verification process to pay stamp duty, cvt and/or online, followed by downloading the registered document. Previous contributions can be called and billed, and the amount of taxes payable can also be calculated on this portal. If a property is listed in a woman`s name, the buyer of Punjab must pay a lower stamp duty. Currently, buyers must pay 5% of the cost of real estate in the form of a stamp duty. The tax remains the same if the country is jointly held by two women.
If a common good is registered in the name of a man and a woman, the current stamp duty is 6% of the value of the transaction. Since January 2015, the Punjab government has introduced the electronic stamp function. Citizens can now easily access services through intermediaries or too much stamp paper, as stamp paper of the required unit value is not available. Suppose Satvir Singh bought an apartment in Ludhiana for Rs 50 Lakhs. Singh later realized that the value of the property, according to the flyers, was only Rs 40 Lakhs. Step 1: You must determine the reference number for the registration of the Punjab trademark and the amount of stamp duty owed by the relevant registrar. As the declared value of the property on the Rs sales station is 50 lakhs, Singh will pay 7% of the Rs 50 Lakhs as stamp duty and 1% more as registration fee.
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