AIADMK general secretary Edappadi K. Palaniswami on Sunday, May 12, 2023 demanded the DMK government to revoke the recent multi-fold increase in the stamp duty that has been brought into effect for several transactions.
In a statement, Mr. Palaniswami also urged the DMK government to resume the old guideline value in line with the order of the Madras High Court. Through a notification dated May 5, the stamp duty for 26 services to register various types of property transactions was increased between “10 to 33 times”, he said.
The DMK government had not implemented the order of the Madras High Court which nullified a decision to revise the guideline value, Mr. Palaniswami underlined. He further pointed out that there has been no interim stay on the order of the Madras High Court in this regard.
