Stamp duty collection 17% below annual target
Hindustan Times Jaipur|January 03, 2025
While the fiscal deficit in the ongoing financial year 2024-25 is expected to widen, the revenue collection from stamp duty and registration has dipped compared to the cumulative collection in the past two years.
Surendra P Gangan

MUMBAI:

The collection from stamp duty and registration till December 31 is ₹39,767 crore or 72.3% against the target of ₹55,000 crore set for the financial year, which is much below the collection till the corresponding month in the previous two years.

Stamp duty and registration are the third highest source of income for Maharashtra after goods and services tax, and sales tax.

The state registered a whopping growth in the sector in the last three years, resulting in the accumulation of revenue more than the target.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM HINDUSTAN TIMES JAIPURView all
Hindustan Times Jaipur

Sonu Sood slashes Fateh ticket prices to ₹99 for opening day

Fateh is a tribute to the resilience of the common man. I want everyone, regardless of their circumstances, to experience it.

time-read
1 min  |
January 10, 2025
Hindustan Times Jaipur

Amid divorce rumours, Dhanashree slams 'character assassination by trolls'

Dancer-choreographer Dhanashree Verma has been faced with a barrage of negativity online, following rumours of her separation from husband, cricketer Yuzvendra Chahal.

time-read
1 min  |
January 10, 2025
Hindustan Times Jaipur

All eyes on Rohit, Bumrah and Shami in CT selection

Selectors are due to name India's squad for the Feb 22-March 9 ICC Champions Trophy on Saturday

time-read
3 mins  |
January 10, 2025
Hindustan Times Jaipur

Digital Arrest Scams: All You Need To Know

SCAMS: ALL YOU NEED TO KNOW

time-read
2 mins  |
January 10, 2025
Hindustan Times Jaipur

Australia Tour Rubble Shows Domestic Cricket Deserves More Respect

India suffered two shattering jolts – first New Zealand and now Australia, but in the gloom there is a silver lining, what teams call 'positives'.

time-read
3 mins  |
January 10, 2025
Hindustan Times Jaipur

Friendship, coaching rivalry and cricket connections

Sitting in the stands of the Birsa Munda Hockey Stadium, Craig Fulton was observing the Indian players in a training session of Hockey India League (HIL) franchise Team Gonasika.

time-read
4 mins  |
January 10, 2025
Hindustan Times Jaipur

Sinner begins title defence vs Jarry

Jannik Sinner begins his Australian Open title defence against Nicolas Jarry while women's champion Aryna Sabalenka takes on 2017 US Open winner Sloane Stephens after the draw for the year's first Grand Slam was made at Melbourne Park on Thursday.

time-read
1 min  |
January 10, 2025
Hindustan Times Jaipur

Mercedes Bets on Smaller Cities Amid Youth Spending

Germany's Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 - mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.

time-read
2 mins  |
January 10, 2025
Hindustan Times Jaipur

Sail Supplies 45k Tonnes Steel For Mahakumbh

SAIL, country's largest steel maker, on Thursday said it has supplied approximately 45,000 tonnes of steel for the upcoming Mahakumbh Mela which is one of the biggest religious congregations in the world.

time-read
1 min  |
January 10, 2025
Hindustan Times Jaipur

Rupee NDF volume hits record high on arbitrage activity

RBI interventions in the NDF market kept the local and NDF rates on par for much of 2024

time-read
1 min  |
January 10, 2025