Increase of Stamp Duty on debt assignment (standard assets) from 0.15% to 0.25% and maximum from 5lacs to 25lacs
No: F.2(15)FD/Tax/2015-119 Dated: Jan, 27 2020
GOVERNMENT OF RAJASTHAN
FINANCE DEPARTMENT
(TAX DIVISION)
NOTIFICATION
Jaipur, dated: 27,01.2020
In exercise of the powers conferred by sub-section (1) of section 9 of the Rajasthan Stamp Act, 1998 (Act No. 14 of 1999), and in supersession of this department's notification number F.2(15)FD/Tax/2015-46 dated 26.06.2015, the State Government being of the opinion that it is expedient in the public interest so to do, hereby orders that the stamp duty chargeable on the instrument of debt assignment executed in respect of performing assets (standard assets), shall be reduced and charged at the rate of 0.25 percent of the amount of debt subject to maximum of rupees twenty five lacs.
[No.F.2(15)FD/Tax/2015-119]
By order of the Governor,
(Nishant Jain)
Joint Secretary to the Government