Suraj's Post

🏠💸 Stamp duty mistakes just got very expensive in Maharashtra. The Maharashtra government has increased the penalty for insufficient stamp duty from ₹5,000 to ₹1,00,000. 📌 What this means: Even small errors in property registration can now cost you heavily. Common mistakes that can trigger penalties: • Wrong Ready Reckoner valuation • Miscalculation of stamp duty • Late or incorrect document submission ⚠️ Important: The penalty is in addition to the extra duty you already owe. 📊 Bigger message: This is not just targeting fraud. Even genuine buyers making mistakes can face consequences. Stamp duty is a major revenue source, and enforcement is now stricter. 📌 Simple takeaway: When buying property, don’t guess. Verify valuation, calculate correctly, and file documents properly. Because one small mistake can now cost up to ₹1 lakh.

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This post was published on 18th March, 2026 by Suraj on his Instagram handle "@myfintaxofficial (MYFINTAX | Finance & Tax Educator | CA Suraj Soni)". Suraj has total 201.5K followers on Instagram and has a total of 3.0K post. Suraj receives an average engagement rate of 1.29% per post on Instagram. This post has received 2 comments which are lower than the average comments that Suraj gets. Overall the engagement rate for this post was lower than the average for the profile.