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  • Stamp Duty Calculator

    Stamp duty is collected on the basis of property value at the time of registration. SD’s amount varies from state to state and also property type – old or new. Since it adds up to the property cost, it’s better to have a fair idea before finalise your property deal. Sulekha’s Stamp Duty Calculator helps you to know the amount beforehand.

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    FAQ's in Stamp Duty Calculator
    • 1) What is stamp duty? Why should stamp duty be paid?

      It is a tax, similar to sales tax and income tax, collected by the Government. Stamp Duty is payable under Section 3 of the Indian Stamp Act, 1899. Rates of stamp duty payable for different types of documents are as per Schedule I. Stamp Duty must be paid in full and on time. If there is a delay in payment of stamp duty, it attracts penalty. A stamp duty paid document gets evidentiary value and is admitted as evidence in Court. Document not properly stamped, is not admitted as evidence by the Court.
    • 2) What is the purpose of Indian Stamp Act?

      The purpose of enacting such an Act is to raise revenue for the local governments. Additionally, payment of stamp duty imparts legality to the document and this can be submitted as an authentic document in courts.
    • 3) How should one sign an instrument affixed with adhesive stamp?

      As per the provisions of Section 12, any person executing an instrument affixed with adhesive stamp, shall cancel the adhesive stamp so affixed by writing on or across the stamp his name or initials. If such an adhesive stamp has not been cancelled in the aforesaid manner, such a stamp is deemed to be unstamped.
    • 4) What is instrument?

      Instrument means any document by which any right or liability is, or purports to be, created, transferred, limited, extended, extinguished or recorded.
    • 5) How should instruments stamped with impressed stamp be written?

      As per the provision of Section 13 of the Indian Stamp Act, 1899, any instrument on an impressed stamp, shall be written in such manner that the stamp may appear on the face of the instrument and cannot be used for or applied to any other instrument i.e., cancel the adhesive stamp so affixed by writing on or across the stamp his name or initials. If such an adhesive stamp has not been cancelled in the aforesaid manner, such a stamp is deemed to be unstamped.
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