TN govt waives stamp duty for MSMEs under Aatma Nirbhar Bharat scheme
Chennai, Nov. 28 -- After a several representation from Micro, Small and Medium Enterprises (MSMEs), the state government has finally granted exemption to later under Atmanirbhar Bharat Scheme from the payment of stamp duty while registering agreements relating to Deposit of Title Deeds executed for securing loans from banks and financial institutions till March 31, 2021.
''The issue was studied in detail by both the Commercial Taxes and Registration and Micro, Small and Medium Enterprises Department following which the former issued orders on the directions of the Chief Minister,'' said a release.
The Tamil Nadu government has also ordered the reduction of the registration fee to 0.1 per cent from 1 per cent with respect to registratio...
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