The Role of Stamp Duty in Property Transactions: What You Need to Know

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Stamp duty is a tax imposed by the government on legal documents during property transactions. This blog explains how stamp duty is calculated in Bengaluru, its significance, and how it affects property buying or selling. It also covers how to pay stamp duty online and the penalties for underpayment.
Why It’s Important: Paying the correct stamp duty is crucial to validate property transactions. Failure to pay the required amount can result in fines or the property being considered illegally transferred.
Tags: stamp duty, property tax, Bengaluru stamp duty, real estate transactions, legal fees, property tax penalties

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