Revenue Department's Major Stamp Duty Decision: Refunds in 50 Days
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Stamp Duty Refunds Faster: Get Money in 50 Days! Revenue Dept Boosts Officer Powers
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News18•17-03-2026, 10:56
Stamp Duty Refunds Faster: Get Money in 50 Days! Revenue Dept Boosts Officer Powers
•Revenue Department streamlines stamp duty refund process after cancellation deeds, reducing wait times significantly.
•Refunds up to ₹20 lakh will now be approved by the District Stamp Duty Collector and deposited in bank accounts within 45-50 days.
•Officer powers increased: District Collector (up to ₹20 lakh), Dy IG Registration (up to ₹50 lakh), Addl Controller (up to ₹1 crore), IG Registration (up to ₹1 crore).
•This aims to resolve approximately 3,000 annual refund cases in Pune and Pimpri-Chinchwad faster, reducing citizen hassle.
•Revenue Minister Chandrashekhar Bawankule's decision provides major relief; official notification expected within a month.