Bare Act

The Maharashtra Tax Laws (Amendment) Act, 2024

This Act amends tax regulations in Maharashtra by reducing stamp duties on property documents for both registered and non-registered transactions while removing an exemption clause. It extends legal time limits for filing returns and defending suits from six months to one year. Additionally, the legislation introduces tax exemptions for members of specific Central Armed Police Forces working within the state. These changes provide financial relief to property owners by lowering costs and give more time for legal compliance, benefiting both taxpayers and defense personnel.

PDF: pending for this language.