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Rajasthan Imposes 10% Surchage On Stamp Duty For Cow Protection

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Conservation of cows in Rajasthan will entail a cost for those making rent agreements, mortgage papers and lease agreement as they will now pay a Surcharge of 10 percent on Stamp Duty for cow protection.

The surcharge has been imposed on all non-judicial instruments for the conservation and propagation of cows in BJP-ruled Rajasthan.

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Following Chief Minister Vasundhara Raje announcement in Budget 2017-18, the state’s Finance Department has imposed surcharge on all such instruments that are non-judicial in nature, an order of which was released on March 31.

“In exercise of the powers conferred of the Rajasthan Stamp Act, 1998 and in supersession of this departments notification, state government hereby order surcharge at the rate of 10 percent on stamp duty payable on all instruments for the purposes of conservation and propagation of cow and its progeny,” states the order.

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In her budget speech last year, Raje had proposed surcharge for development of basic infrastructure facilities and protection and propagation of cows.

However, judicial stamps, revenue ticket and insurance ticket have been excluded from this order.



This post first appeared on Latest India News, Breaking News Live, Current Hea, please read the originial post: here

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Rajasthan Imposes 10% Surchage On Stamp Duty For Cow Protection

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