THE KARNATAKA STAMP (AMENDMENT) ACT, 2021
(Received the assent of the Governor on the 1st day of October, 2021)
KARNATAKA ACT NO. 26 OF 2021
(First Published in the Karnataka Gazette Extra-ordinary on the 5th Day of October 2021)
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 second year of the Republic of India as follows:-
1. Short title and commencement.– (1) This Act may be called the Karnataka Stamp (Amendment) Act, 2021.
(2) It shall come into force at once.
2. Amendment of Schedule.- In the Karnataka Stamp Act, 1957, (Karnataka Act 34 of 1957), in the schedule, in article 20, in clause (2A), after sub-clause (ii) and the entries relating thereto, the following shall be inserted namely:-
(iii) where the market value of which is above rupees thirty five lakhs but upto and inclusive of forty five lakhs. three percent of the value
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