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The stamp duty for registration of contracts for an 11-month period has been jumped from Rs 200 to Rs 500.
An order issued by the government has made it mandatory that the sale of stamp papers of denominations up to Rs. 1 lakh should be through authorized stamp vendors.
Earlier, e-stamping was mandatory only for dealing that exceeded stamp duty of Rs 1 lakh.
Stamp duty had been reduced in 2010 in view of the impact of global economic recession in the real estate sector.
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