India, March 11 -- The Maharashtra Budget 2025 has proposed raising the stamp duty on supplementary documents from Rs.100 to Rs.500 under Section 4 of the Maharashtra Stamp Act. This will apply when multiple documents are used to complete a single transaction.
It has also proposed to increase the adjudication fee payable on a document under section 31 (1) of the Maharashtra Stamp Act from Rs.100 to Rs.1,000 for the chargeability of the instrument and to make a provision for depositing the amount of stamp duty primarily payable while filing the executed document.
"The increase in stamp duty for additional agreements from Rs.100 to Rs.500 offers multiple benefits. It will generate additional revenue for the government, which can be invest...
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