Mah Govt introduces amnesty scheme for stamp duty payment

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Mumbai, Jun 11 (UNI) The Maharashtra government has introduced an 'amnesty scheme' for the low and middle income group flat owners, who had not paid their stamp duties for so many years.

Talking to reporters here, Principal secretary (revenue) Ramesh Kumar said the amnesty scheme was launched from June 9 and would run upto September 8. During the period, the flat owners who had not paid their stamp duties, would get an opportunity to pay the same with less penalty.

He said the usual penalty was two per cent per month but under amnestry, it would be Rs 500 in case the amount of deficit stamp duty is upto Rs 5,000, while Rs 1,000 in case the amount is Rs 5,000 or more.

He said during the three months, he is expected to settle at least 50,000 cases and government would be able to recover at least Rs 500 crore.

The scheme, which is applicable all over Maharashtra, is the last golden opportunity for the flat owners to settle the stamp duty dues and clear the property title, he added.

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