Stamp Duty is a tax that is imposed on documents such as cheques, land transactions, receipts etc., It was initially introduced by British people. In India, it is paid under Section 3 of the Indian Stamp Act, 1899. It should be paid before the execution of document or on the day of execution of the document. This calculator is used to find the stamp duty for the registration of the property for different states of India.
Let consider the property value in is Rs. 50,000.
Stamp duty cost in is of property value, so the stamp duty needed to be paid is
Land Stamp Duty value varies from state to state and is based on the price value of the property. It is the centre of India which fixes the tax on various instruments and the tax rates.