Tax Rate

Exemptions Instance where the aggregate value of all prizes awarded in any prize competition  is less than rupees one hundred thousand.  The prize shall be free of the  Competition Tax. Tax  Value of the prize                                                         Pro- Rate Tax 1    Less than Rs. 100000/-                                                    exempted 2    A Pro-Rata Tax shall be charge on the…

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Stamp Duty Rate

Stamp duty Rates (a) Selling , immovable Property (i) Rs. 100000/- or part there of from total value Of the immovable 3% (ii) On the balance table of the selling immovable property 4% (b) Gilt of immovable property (i) Rs. 50000/- or part thereof from the Total value os Gifting immovable property 3% (ii) On…

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About Stamp Duty

Definition Stamp Duty is charged under the Financial Statute of the Western Province  No. 06 of  1990 – section 37 There shall be charged on Every Instrument relating  to a  transfer of immovable property situated in the Western Province. Every document presented of field, in proceedings instituted in any court of law established by law,…

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