https://www.taxtmi.com/news?id=34733 The budget reduces stamp duty on mortgage deeds by capping maximum duties for smaller loans and replaces higher levies on ancestral property release deeds with a nominal fixed charge; it also provides a substantial rebate to cut the motor vehicle tax on fully battery operated electric vehicles to a minimal rate. No new taxes are introduced; the fiscal plan preserves a small surplus while prioritizing capital expenditure, administrative reforms, and targeted investments in education, health, urban development, infrastructure and green technologies. en-us Thu, 20 Feb 2025 20:46:02 +0530 Thu, 20 Feb 2025 20:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34733 The budget reduces stamp duty on mortgage deeds by capping maximum duties for smaller loans and replaces higher levies on ancestral property release deeds with a nominal fixed charge; it also provides a substantial rebate to cut the motor vehicle tax on fully battery operated electric vehicles to a minimal rate. No new taxes are introduced; the fiscal plan preserves a small surplus while prioritizing capital expenditure, administrative reforms, and targeted investments in education, health, urban development, infrastructure and green technologies. News - Thu, 20 Feb 2025 20:46:02 +0530 https://www.taxtmi.com/news?id=34733