Updated March 24th 2025, 20:35 IST
Mumbai: Now Maharashtra citizens will be able to receive e-stamp certificates and pay stamp duty from the comfort of their homes.
Revenue Minister Chandrashekhar Bawankule presented the Maharashtra Stamp (Amendment) Bill, which facilitates this digital transition, to the legislative council, where it was approved.
Explaining the simplification of the process, citizens had to visit licensed vendors to purchase physical stamp papers, and franking services were only available at designated centers.
Bawankule said that under the new system, citizens can pay stamp duty online at any time and from any location, with e-stamp certificates being issued instantly.
"The processing fee remains fixed at Rs 500 with no additional charges. Importantly, the option to purchase traditional physical stamp papers will still be available, and there is no requirement to switch to the digital method," he said.
The minister highlighted the reform as a significant step in Maharashtra's stamp duty administration, underscoring the government's commitment to transparency, public convenience, and digital governance.
He further said that if a person overpays stamp duty, the excess amount will be refunded within 45 days, while if a lesser amount is paid, the balance must be settled promptly.
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Published March 24th 2025, 20:35 IST