What is Stamp Duty? — Meaning, Definition & Example
Definition
Stamp duty is a state-level tax paid when registering a property purchase or transfer. Rates vary by state (3-8% of property value), gender (women often get 1-2% discount), and property type. It is mandatory for legal recognition of the property transaction.
Buying a ₹80 lakh flat in Mumbai incurs 6% stamp duty (₹4.8 lakh) plus 1% registration charges (₹30,000 capped), totaling ₹5.1 lakh in government fees.
🇮🇳 Stamp Duty in Hindi / हिंदी में
स्टाम्प ड्यूटी — स्टाम्प ड्यूटी संपत्ति खरीद या हस्तांतरण दर्ज करते समय भुगतान किया जाने वाला राज्य-स्तरीय कर है। दरें राज्य (3-8%), लिंग और संपत्ति प्रकार के अनुसार भिन्न होती हैं।
Stamp Duty (Hinglish) — Stamp Duty wo state-level tax hai jo property buy ya transfer karte waqt register karne ke liye dena padta hai. Rates state, gender aur property type ke hisaab se alag hote hain (3-8%).