What is Stamp Duty?

20 Aug 2015

Stamp Duty refers to the duty paid on purchase of properties. Stamp Duty varies from state to state; however, there are two types of Stamp Duty across the country:

  • Stamp Duty on the Transfer of Title – This is charged by the state government and paid by the purchaser.
  • Stamp Duty on the Mortgage – This duty has to be paid on purchase of properties for commercial ventures or on business finance.

For more information on Stamp Duty in various states, please visit the following websites: