Delay in stamp duty cut by the government brings property deals in Punjab on hold

Delay in stamp duty cut by the government brings property deals in Punjab on hold

Dated on: Wednesday 26th July 2017

Buyers of property in Punjab are awaiting the implementation of the 3 per cent cut in stamp duty charges, against
the current 6 per cent cut, which was announced by the Punjab state government in the budget last month.
This has resulted in a pause on the property market and is also set to influence the revenues of the state.

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