According to sources, an increase in stamp duties is expected to bring in an additional Rs4.21 billion for the Punjab government each year.
According to sources, the revenue department wants to raise the charge of an affidavit from Rs. 100 to Rs. 300. Additionally, it suggests raising the stamp duty from Rs. 1,200 to Rs. 3,000 for the sale of real estate.
Additionally, it has been suggested to reduce the stamp fee from Rs. 1200 to Rs. 300 for agreements up to Rs. 500,000.
The Punjab administration burdened the public with an additional 10 percent stamp duty rise in August of last year.
