100% stamp duty exemption for women entrepreneurs..!?

 Under the Private Industrial Parks Development Scheme, the state has given a 100 percent stamp duty exemption to women entrepreneurs who purchase or lease industrial land. One of the indian states has announced that there will be no stamp duty for women entrepreneurs. However, this special exemption will not be uniform across the state. According to a notification issued by the Uttar Pradesh government, 100 percent stamp duty exemption will be given in Eastern Uttar Pradesh and Bundelkhand, 75 percent in Central and Eastern Uttar Pradesh, 50 percent in gautam Buddha Nagar, and 100 percent for women entrepreneurs.The government of Uttar Pradesh has given a 100 percent stamp duty exemption to women entrepreneurs buying or leasing industrial land under the Promoting Leadership and Enterprise for Development of Growth Engine (PLEDGE) scheme for private industrial parks. Principal Secretary Stamps and Registration Department Leena Johri have issued the order to this effect. According to his order, 100 percent stamp duty will be exempted in the eastern and Bundelkhand regions of Uttar Pradesh state, 75 percent in central and eastern UP, and 50 percent in gautam Buddha Nagar. By the Uttar Pradesh State Stamps and Registration Department, another order is issued. If the owner of both properties is the same person, it provides 100 percent exemption from stamp duty to buyers of buildings and associated land for the development of heritage hotels. Meanwhile, Uttar Pradesh State Industrial Development minister Nand Gopal Gupta 'Nandi' said that the Rs. He reviewed the status of 25 sectoral policies announced by various departments to pave the way for the implementation of investment projects worth Rs 33.50 lakh crore. ll 25 sectoral policies have been announced and a target has been set to implement investment projects worth Rs 10 lakh crore at the proposed groundbreaking ceremony in august 2023. The Global Investors Summit was held in Uttar Pradesh from february 10 to 12. Stamp duty is an indirect government tax levied on all legal property transactions. Stamp duty is a compulsory tax on the purchase or sale of a property. Stamp papers are valid for 6 months when purchased in the name of the seller or buyer. Apart from providing legal credit to a document, stamp duty is also levied to generate revenue for local governments.

మరింత సమాచారం తెలుసుకోండి:

no stamp duty

Sowmiya Sriram

14/04/2023 10:20 AM