Vidhi Codex

THE INDIAN STAMP (MANIPUR SECOND AMENDMENT) ACT, 2011

The Indian Stamp (Manipur Second Amendment) Act, 2011

Tax20114 sections

The Indian Stamp (Manipur Second Amendment) Act, 2011 modifies the stamp duty rates for property transfers within the state of Manipur. Amending the Indian Stamp Act of 1899 for local application, it specifically updates the duty payable on conveyance instruments, such as property sales and transfers. Under this amendment, individuals transferring property in Manipur must pay a stamp duty of three rupees for every one hundred rupees of either the sale consideration or the property's market value, whichever amount is higher. This law applies to anyone buying, selling, or legally transferring real estate in the state, ensuring that transaction documents are legally recognized and enforceable.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 2. Amendment of Schedu1e 1.
  3. 3. The Secretary, Manipur Legislafit re Assembly, Imphal.
  4. 4. Guard file. . 7%

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