Overview

• The Maharashtra Legislative Council has passed the Maharashtra Stamp (Amendment) Bill, enabling citizens to pay stamp duty online and receive e-stamp certificates instantly.
• The digital system eliminates the need for physical visits to vendors and government offices, with a fixed processing fee of ₹500 and no additional charges.
• Traditional physical stamp papers remain available, ensuring inclusivity for those who prefer non-digital methods.
• Excess stamp duty payments will now be refunded within 45 days, while underpayments must be addressed promptly.
• The reforms are part of a broader push for transparency and efficiency, complemented by the upcoming statewide rollout of the 'Jivant Satbara' initiative to streamline land succession processes starting April 1, 2025.