6 per cent and 7 per cent 56
The Budget has proposed to raise the fair value of property. Since the fair value predetermined eight years ago was much less than the market prices, the policies would be amended to increase the idea. The monthly income programmes similar to chit funds being made by cooperative banks as well as societies would be brought beneath the purview of the Kerala Stamp Behave. A stamp duty regarding Rs.100 per man Nike Air Force 1 Low Australia or women would be levied on all agreements made between banking Buy Nike Air Max Online companies and societies with shareholders. The stamp duty charges for all sale deeds listed in the panchayat, municipality and organization limits would be unified during 5 per cent, 6 percentage and 7 per cent, respectively.
A stamp of duty associated with Rs. 50 will be assessed on the memorandum of association in addition to rules and regulations of charitable societies. The annual stamp obligation for the agreements made by banking institutions and companies with landowners for starting automatic teller machines and cell towers and for renewing the actual agreements have been fixed with Rs. 2,500 along with Rs. 5,000, respectively. The stamp duty for that registration of chit funds as well as kuries has been increased from Players. 25 per Rs.1,000 to Rs. 55 per Rs.1,1,000.
The stamp duty regarding registration of companies along with paid up capital up to Rs.10 lakh has been fixed from Rs. 2,000, by Rs. 10 lakh to Urs. 25 lakh at Rs. Several,000 and above Urs. 25 lakh at 0.A few per cent of the capital. It has been proposed to increase the profit limit of stamp paperwork by licensed vendors by Rs. 20,000 to help Rs. 1 lakh and bring up to date the discount rate rationally. All these proposals are expected to render additional revenue of Rs.100 crore. LotteryThe income from lotteries in 2014 15 is expected to extend from Rs. 3,650 crore in the current year to Players. 5,500 crore in the next fiscal year. The face value of normal weekly lottery tickets will probably be increased from Rs. Twenty to Rs. 30 and therefore of two weekly lotteries via Rs. 40 to Rs. 50. A revision inside the prize structure has been recommended. The net revenue from one much more weekly lottery will be placed apart for the Karunya Benevolent Deposit.
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