Delay in stamp duty cut by the government brings property deals in Punjab on hold

Dated on: Wednesday 26th July 2017

Buyers of property in Punjab are awaiting the implementation of the 3 per cent cut in stamp duty charges, against
the current 6 per cent cut, which was announced by the Punjab state government in the budget last month.
This has resulted in a pause on the property market and is also set to influence the revenues of the state.

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