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ARTICLE · 26 SEPTEMBER 2024

Stamp Duty Amendments

JSA Advocates & Solicitors
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The Government of Karnataka issued a notification on February 3, 2024, regarding the Karnataka Stamp (Amendment) Act, 2023 ("2023 Amendments") which currently cover several articles of Schedule 1...

IndiaCorporate/Commercial Law

Government of Karnataka amends the Karnataka Act 1957 by way of the Karnataka Stamp (Amendment) Act, 2023

The Government of Karnataka issued a notification on February 3, 2024, regarding the Karnataka Stamp (Amendment) Act, 2023 ("2023 Amendments") which currently cover several articles of Schedule 1 of the Karnataka Stamp Act, 1957. The existing rate of stamp duties on many instruments is revised with the intention of augmenting the revenue of the State.

Please note that the table below provides the revised stamp duties for only certain instruments and does not cover all the instruments for which revised stamp duties are specified.

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