Stamp Duty On Loan Agreement Mumbai

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Finally, it is up to you to decide which institution you wish to borrow from, provided that the institution has approved this project. 2.1 It is very important to note that stamp duty is on an instrument and not on a transaction. How much stamp duty and registration fee do I have to pay on the deed of deathage? The loan agreement must be subject to a minimum stamp duty, in accordance with section 5(h) of List I of the Bombay Stamp Act, 1958. The stamp duty is set at Rs.100 / The loan agreement is set at 500 stamps of Rs. depends on state to state. The two documents are for different purposes, i.e. separate stamp taxes. A stamp duty is a tax levied by the Land government when you buy a new property. .