The Rajasthan Finance Act, 2020, is a legislative measure enacted to modify existing tax laws and introduce a new Land Tax framework within the state. It primarily amends the Rajasthan Stamp Act, 1998, and the Rajasthan Excise Act, 1950, to update definitions, valuation methods for securities, and stamp duty regulations. Crucially, it establishes a comprehensive Land Tax system, defining taxable land, setting levy rates, and outlining assessment and recovery procedures. For the ordinary citizen, this Act clarifies tax liabilities on non-exempt land holdings, establishes strict filing deadlines, and provides mechanisms for appeals and dispute resolution regarding tax assessments.
Imported from assembly.rajasthan.gov.in
Official Legislative Text
Educational Study Layer
Chronological legislative evolution of AMENDMENT IN THE RAJASTHAN STAMP ACT, 1998 across statutory gazettes and amending Acts.