Vidhi Codex

The Kerala Stamp (Amendment) Act, 1969

The Kerala Stamp (Amendment) Act, 1969

Tax19697 sections

The Kerala Stamp (Amendment) Act, 2004, is a fiscal legislative measure that updates the Kerala Stamp Act, 1959. Its primary purpose is to revise the stamp duty rates payable on various legal instruments, such as conveyance deeds, agreements, and bonds, to align with contemporary economic values. Crucially, the Act introduces a statutory ceiling on the surcharge that local bodies, such as Grama Panchayats and Municipalities, can levy on stamp duty, capping it at 2%. For the ordinary citizen, this Act provides clarity on the exact costs required for legal documentation and ensures that local taxation on these documents remains within a regulated limit.

Start reading →Read full ActSections
  1. 1. Short title and commencement
  2. 2. Insertion of new section 30A
  3. 3. Amendment of the Schedule
  4. 4. Amendment of section 30
  5. 5. Amendment of sections 32, 34, 39, 40, 64 and 69
  6. 6. Substitution of new Schedule for existing Schedule
  7. 7. Repeal and saving

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