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I want to know the stamp duty charges and registration charges for both resale & under construction flat in howrah,kolkata?  

Asked in Personal Finance & Tax at 1:30 PM on September 11, 2009

Tags: stamp, duty, charges, registration, resale, amp

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Bipin Jalan
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I want to know the stamp duty charges and registration charges for both resale & under construction flat in howrah,kolkata?

charges may be upto 1 per cent apart from stamp duty. It is better to go in person to the Registration Department of that District to know about the correct stamp duty and registration fee. If the flat is under construction or resale, it is not a matter for the Registration department. The stamp duty and registration charges are purely depended upon the value of the flats to which it is registered

Posted in Personal Finance & Tax by Bipin Jalan at 5:41 PM on September 25, 2009

What are the benefits of having a demat account?

The benefit of demat account are given below- A safe, convenient way to hold securities; Immediate transfer of securities; No stamp duty on transfer of securities; Elimination of risks making demat mandatory on most of the traded scrips, electronic transaction will be the only way everyone will trade. 2. No stamp duty for transfer of securities in the electronic form. In case

Posted in Personal Finance & Tax by mukesh pal at 7:08 PM on October 07, 2008

Is there any discount / concession in stamp duty if a residential property flat for resale is over 10 years old?

No. There is only concession of marketing prices. Old house can be purchased by paying less amount then new building. Registry charges has no meaning for that whether it is new or old.

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Governments are Sales Tax tax on intra-State sale of goods, Stamp Duty duty on transfer of property, State Excise duty on manufacture of alcohol, Land Revenue levy on land used for agricultural....Tax is nothing but it is a charge made by goverenment on the goods, on travelling,medicien, that is a sort of income to the governemnt and these money is used for developing purpose. An income tax is a tax levied

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Can anybody tell me is Sales tax applicable for purchase of flats in chennai, if yes, how much?

of falts.Only at the time registration of flats in buyers name Stamp duty is charged on the sale value,and if the sale value is less than guidlines value,buyer is asked to pay stamp duty as per the guidline the exact is to be paid as stamp duty. This would be in the form of stamp paper that u buy to type the sale deed. e.g., purchase price of a flat is Rs. 1 lakh, you will have to shell out another Rs. 13

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of the units.For instance, if your purchase cost is Rs 15 per unit and brokerage is 1, you will pay the broker Rs15.15 per unit i.e. Rs 15 plus 1 of Rs 15. You also incur costs of stamp duty to have units transferred in your name. However, if you purchase units in dematerialized form no stamp duty is payable.Purchasing units of open-ended mutual funds after the IPOUnits of open-ended mutual funds are also

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