Stamp Duty serves multiple purposes, including generating revenue for the government, regulating the transfer of property, and protecting the rights of buyers and sellers.

The rate of Stamp Duty on sale agreements in India is generally 5% of the sale consideration.

In India, both the buyer and the seller are jointly and severally liable for paying Stamp Duty on a sale agreement.

The time limit for paying Stamp Duty on a sale agreement in India is generally 30 days from the date of execution of the agreement.

Not paying Stamp Duty on a sale agreement can have serious consequences, including the agreement being void, the buyer and seller being fined, and the property being confiscated.

The procedure for paying Stamp Duty on a sale agreement can vary depending on the state in India, but generally, the buyer and seller can pay the duty in person at the Stamp Duty office, online, or by using a stamp paper.

Stamp Duty and Registration Fee are two different charges levied on the transfer of property. Stamp Duty is a tax, while Registration Fee is a fee. Stamp Duty is paid on the sale consideration, while Registration Fee is paid on the value of the property. Stamp Duty is paid at the time of execution of the sale agreement, while Registration Fee is paid at the time of registration of the property.

There are a number of exemptions from Stamp Duty on sale agreements in India, including sale of agricultural land, sale of residential property up to a certain value, and sale of property to a government body.

Stamp Duty on sale agreements serves multiple purposes, including generating revenue for the government, regulating the transfer of property, and protecting the rights of buyers and sellers.

Not paying Stamp Duty on a sale agreement can have serious consequences, including the agreement being void, the buyer and seller being fined, and the property being confiscated.

The procedure for paying Stamp Duty on a sale agreement can vary depending on the state in India, but generally, the buyer and seller can pay the duty in person at the Stamp Duty office, online, or by using a stamp paper.

Stamp Duty and Registration Fee are two different charges levied on the transfer of property. Stamp Duty is a tax, while Registration Fee is a fee. Stamp Duty is paid on the sale consideration, while Registration Fee is paid on the value of the property. Stamp Duty is paid at the time of execution of the sale agreement, while Registration Fee is paid at the time of registration of the property.

There are a number of exemptions from Stamp Duty on sale agreements in India, including sale of agricultural land, sale of residential property up to a certain value, and sale of property to a government body.

Stamp Duty on sale agreements serves multiple purposes, including generating revenue for the government, regulating the transfer of property, and protecting the rights of buyers and sellers.