Maha govt brings ordinance on Stamp Duty Act, expects to generate additional Rs 2,000 cr annually, ET LegalWorld
The MahaYuti government has released an ordinance to amend the Maharashtra Stamp Act, 1958 proposing the increase in stamp duty on affidavits, agreements and related documents to Rs 500 from the present Rs 100. The stamp duty on share capital has been increased to Rs 1 crore from Rs 50 lakh. The ordinance was brought […]
Supreme Court clears way for NBCC to generate Rs 15,000 crore from Amrapali projects, ET LegalWorld
The Supreme Court has cleared the way for state-run NBCC to generate an additional Rs 15,000 crore from Amrapali projects by developing additional flats in the project. The fund will also be used to deliver homes to 16,000 existing homebuyers, whose construction was stuck due to lack of fund. NBCC will pay Rs 484.92 crore […]