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ARTICLE · 25 MARCH 2025

Stamp Duty Update | Proposed Amendment To Maharashtra Stamp Act

Mansukhlal Hiralal & Company
Mansukhlal Hiralal & Company
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Mansukhlal Hiralal & Company

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On 18 March 2025, the Maharashtra Stamp (Amendment) Bill, 2025 (Bill) was introduced in the Maharashtra Legislative Assembly (MLA) aiming to revise several provisions of the Maharashtra Stamp Act, 1958 (Act).

IndiaGovernment, Public Sector
Bhushan Shah
Bhushan Shah
Gaurav Edekar
Gaurav Edekar
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Introduction:

On 18 March 2025, the Maharashtra Stamp (Amendment) Bill, 2025 (Bill) was introduced in the Maharashtra Legislative Assembly (MLA) aiming to revise several provisions of the Maharashtra Stamp Act, 1958 (Act). These proposed amendments are intended to enhance revenue collection, facilitate online transactions and adjust fees associated with adjudication of stamp duties.

Key changes:

I. Increase in Stamp Duty for Supplementary Documents:

Amendment to Section 4 of the Act is proposed to raise the stamp duty on supplementary documents from ₹100 to ₹500. This change reflects a long-standing nominal fee that has now been deemed insufficient in light of the current economic conditions. Additionally, this amendment shall also enhance state revenue collection.

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