Proposed Rs 1,000 Stamp Duty for Rental Agreements in UP
In Uttar Pradesh, a proposed Rs 1,000 stamp duty aims to formalize rental agreements, addressing issues with verbal or unregistered leases that lack legal proof. Unregistered tenancy agreements are common due to circle rates, but they are often not accepted as evidence in court. This move seeks to encourage registration and provide legal clarity for tenants and landlords.
TOI Business··Uttar Pradesh



