THE KARNATAKA STAMP (FOURTH AMENDMENT) ACT, 2022
KARNATAKA ACT NO. 03 OF 2023
(First Published in the Karnataka Gazette Extra-ordinary on the 12th Day of January, 2023)
(Received the assent of the Governor on the 11th day of January, 2023)
An Act further to amend the Karnataka Stamp Act, 1957.
Whereas it is expedient further to amend the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957), for the purposes hereinafter appearing;
Be it enacted by the Karnataka State Legislature in the Seventy third year of the Republic of India as follows:-
1. Short title and commencement.– (1) This Act may be called the Karnataka Stamp (Fourth Amendment) Act, 2022.
(2) It shall come into force at once.
2. Amendment of section 9.-In the Karnataka Stamp Act, 1957, (Karnataka Act 34 of 1957), in section 9, in sub-section (1), in clause (a), after the last proviso, the following shall be inserted, namely:-
"Provided also that, the State Government may, in public interest, remit the Stamp duty payable on loan agreements executed by the Street Vendors under the scheme of PM SVANidhi (PM Street Vendor’s Atmanirbhar Nidhi).”
|
