Toggle navigation SEARCH FOR PROPERTY

Real Estate News

The Government Has Slashed Out The Stamp Duty
31st
Dec

The government has decreased the stamp duty on transferring land and flats from 3 percent to 1.5 percent on property registration.

On December 24th the finance ministry’s Internal Resources Division has issued a gazette notification with the sign of Md Mosharraf Hossain Bhuiyan senior secretary IRD as well as chairman of the National Board of Revenue (NRB).

The chairman of the Real Estate & Housing Association of Bangladesh Mr. Liakat Ali Bhuiyan expressed their satisfaction regarding stamp duty reduction. He also asked for a reduction in the registration fee, local govt. tax and land development vat to live up people’s hope. Also, the finance ministry, as well as the revenue board, requested the ministry and the division to take required steps to reduce fees from 2 percent to 1 percent from 2 percent to 1.5 percent for the local government tax.

REHAB has informed that currently, buyers are paying 4 percent gain tax, 2 percent registration fee, 2 percent local govt. Tax and 3 percent of land development vat ( total 7 percent ) for flat registration. Due to this, a large number of properties remain unsold. 

One of the REHAB members also said that the execution of the decision of decreasing stamp duty along with other fees-taxes would put an effective impact on the real estate sector. The rate of flats and plots sales, as well as registration, would increase.

7 comments
  • bdhousing on January September 24th 2022 10:51:37

  • bdhousing on January September 24th 2022 10:51:47

  • bdhousing on January September 24th 2022 10:51:55

  • bdhousing on January October 17th 2022 12:58:58

  • bdhousing on January October 17th 2022 12:59:09

  • Alice Sophie
    bdhousing on January February 25th 2023 11:42:48

    I certainly loved every little bit of it. I have you book marked to check out new stuff you post?

  • Lily Ann
    bdhousing on January March 25th 2023 11:50:24

    I appreciate your blog post. I can't wait to delve in and receive the information the resources you've provided.

add comment




Submit

News

bdhousing.com brings you all latest realestate news & updates of Bangladesh. Subscribe us for instant notifications

Recently Added

বাড়ির নাম : Fatema neer

বাড়ির নাম : Fatema neer

 Dhanmondi, Dhaka

beds 3 | baths 3 | 1488 sqft

Call for price
Brand New & South Facing Ready Flat For Sale At Banasree

Brand New & South Facing Ready Flat For Sale At Banasree

 Banasree, Dhaka

beds 4 | baths 4 | 1936 sqft

৳ 1.73 Cr./total
Unified Khan Palace

Unified Khan Palace

 Jolshiri Abason, Dhaka

beds 5 | baths 5 | 2850 sqft

Call for price
Dominant Hermoso

Dominant Hermoso

 Khilgaon, Dhaka

beds 3 | baths 3 | 1120 sqft

Call for price
Kirti Zebun Villa

Kirti Zebun Villa

 Bashundhara R/A, Dhaka

beds 3 | baths 4 | 2273 sqft

Call for price
JTCL Manami

JTCL Manami

 Bashundhara R/A, Dhaka

beds 3 | baths 4 | 1790 sqft

Call for price
Elegant Furnished 3-Bedroom Apartment Rent–Bashundhara R/A

Elegant Furnished 3-Bedroom Apartment Rent–Bashundhara R/A

 Bashundhara R/A, Dhaka

beds 3 | baths 3 | 1250 sqft

62,000 /per month
R,A Tower

R,A Tower

 Dakshin khan, Dhaka

beds 3 | baths 3 | 1100 sqft

Call for price
1250 Sft, South Facing, 3 Bed Fully Furnished Ready Flat Sale at Banasree

1250 Sft, South Facing, 3 Bed Fully Furnished Ready Flat Sale at Banasree

 Banasree, Dhaka

beds 3 | baths 3 | 1250 sqft

৳ 81.25 Lac/total
Amble Shireen Palace

Amble Shireen Palace

 Aftab Nagar, Dhaka

beds 3 | baths 3 | 1580 sqft

Call for price
Tulip Valley

Tulip Valley

 Purbachal, Dhaka

| 5 katha

Call for price
Lake Castle

Lake Castle

 Aftab Nagar, Dhaka

beds 3 | baths 3 | 1600 sqft

৳ 1.23 Cr./total
Purbachal Marine City

Purbachal Marine City

 Purbachal, Dhaka

| 5 katha

Call for price
100 % Ready Residential Plot for Sale

100 % Ready Residential Plot for Sale

 Uttar Khan, Dhaka

| 10 katha

Call for price
 ঈদ মোবারক,  সহিদ নগর আবাসিক প্রকল্প ।

ঈদ মোবারক, সহিদ নগর আবাসিক প্রকল্প ।

 Uttar Khan, Dhaka

| 5 katha

Call for price

Latest Comments

  • mahamud1990
    bdhousing on January December 21st 2023 21:16:24
  • Land Registration BD
    bdhousing on January July 7th 2022 11:15:52
  • bdhousing on January December 9th 2021 23:39:21
  • bdhousing on January January 4th 2020 17:33:35

Find Us on Facebook