Bare Act

Chhattisgarh Upkar (Sanshodhan) Act, 2022

The Chhattisgarh Upkar (Sanshodhan) Act, 2022 amends Part 3 of the Chhattisgarh Upkar Adhiniyam, 1981, imposing a statutory cess on specific immovable property transactions across Chhattisgarh. It applies to individuals, businesses, and entities executing property transfers through sale deeds, gift deeds, usufructuary mortgages, or long-term leases of 30 years or more. The law mandates an additional tax equal to 12 percent of the payable stamp duty, collected at the time of property registration. For ordinary citizens, this legislation directly increases transaction costs during real estate transfers, with the collected funds specifically earmarked for state rural development, employment missions, and youth scheme initiatives.

PDF: pending for this language.