Hi,
The amount of non-judicial stamp paper required for a rent agreement depends on the state where the agreement is being executed. Stamp duty regulations vary from state to state in India. Typically, the stamp duty for a rent agreement is calculated as a percentage of the total annual rent or the total rent payable over the term of the agreement.
As of my knowledge cutoff in September 2021, I can provide you with a general guideline for some states:
Maharashtra: The stamp duty for a rent agreement is generally 0.25% of the total rent for the entire lease term.
Karnataka: The stamp duty for a rent agreement is usually 1% of the average annual rent.
Delhi: The stamp duty for a rent agreement is typically 2% of the average annual rent.
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Hi,
The amount of non-judicial stamp paper required for a rent agreement depends on the state where the agreement is being executed. Stamp duty regulations vary from state to state in India. Typically, the stamp duty for a rent agreement is calculated as a percentage of the total annual rent or the total rent payable over the term of the agreement.
As of my knowledge cutoff in September 2021, I can provide you with a general guideline for some states:
Maharashtra: The stamp duty for a rent agreement is generally 0.25% of the total rent for the entire lease term.
Karnataka: The stamp duty for a rent agreement is usually 1% of the average annual rent.
Delhi: The stamp duty for a rent agreement is typically 2% of the average annual rent.
The rent agreement is made for 5 years. How much non-judicial stamp paper will be compulsory?
Salil Kumar Gupta
201 Views
2
2 Year
2023-05-24T09:06:02+00:00 2023-05-30T11:55:24+00:00Comment
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