Maharashtra cabinet on Wednesday approved the proposal of reducing stamp duty by three per cent for period September 1 to December 31, 2020, while reduction of two per cent between January 1, to March 31, 2021, across the state. The state government charges a five per cent stamp duty against a total cost of the property and one per cent stamp duty or Rs 30,000 registration whichever is lower.
The Ministry of Road Transport and Highways has decided to extend the validity of driving licences and required documents of motor vehicles till December 31, 2020, in wake of the coronavirus pandemic, an official statement said on Monday.