Stamp duty applicable when acquiring immovable properties

published by admin on Thu, 08/11/2011 - 20:57

In terms of the Stamp Duty (Special Provisions) Act;

(i) where the value of the property is Rs.100,000/- or less

    For every Rs.100/- or part thereof of the value                                3.00

(ii) where the value of the property exceeds Rs.100,000/-

     For every Rs.100/- of the value not exceeding Rs.100, 000/-     3.00

     And

For every Rs.100/- or part thereof of the value exceeding     Rs.100, 000/-