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<h1>Understanding 'Circle Rate' and Its Role in Stamp Duty for Benami Transactions Under 2018 Reward Scheme FAQs</h1> 'Circle Rate' refers to the value determined by a State Government authority for the purpose of calculating stamp duty on the transfer of immovable property. This rate is applicable on the transaction date when the property is acquired by or for a Benamidar. The FAQs on the Benami Transactions Informants Reward Scheme, 2018, provide guidance on this and other related income tax matters.