To further intensify the crackdown on black money, Assocham has suggested the Centre to impress upon states to “drastically” lower stamp duty on residential and commercial property deals to dissuade people from undervaluing purchases. The industry body said that the biggest beneficiary of the move would be buyers of residential or commercial properties.
“One of the biggest reasons for the cash forming 30-40 per cent of the real estate transactions is the high level of s ..
Read more: Economic Times
