Tag Archives: Karnataka Stamp Act 1957

Karnataka Stamp Act extends to the whole of the State of Karnataka. As per this Act, a kind of tax called ‘Stamp Duty’ is levied on the documents executed in Karnataka. There are 55 articles (instruments/documents) described in the Schedule to the said Act for which the stamp duty is …

  Here are some of the important points of Karnataka Budget presented by CM Siddaramaiah on 13th March 2015.    1. Profession Tax – The exemption limit is increased from Rs.10,000 to Rs.15,000. (Note: Currently, the employees who are drawing salary between Rs.10,000 and Rs.15,000 are paying Rs.150 per month as …