President Credai West Bengal and Chairman Merlin Group praises West Bengal CM and her leadership for reducing the circle rate and stamp duty

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Sushil Mohta, President, Credai West Bengal and Chairman, Merlin Group.
Sushil Mohta, President, Credai West Bengal and Chairman, Merlin Group.
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The Govt of West Bengal took a laudable initiative to reduce the circle rate and stamp duty in the last six months, which has resulted in good sales of properties. The overall revenue of Govt has also gone up.

My expectations are that the circle rates particularly for land in suburbs, sector V are reduced and brought to the realistic level which means the actual market price level and also permanently reduce the stamp duty on constructed properties by 2% and bring it to the competitive level where most of the cities are.

Today we see, in many of the cities the stamp duty on the constructed properties are 4 to 5% In the like manner if the excise duty on liquor is kept at a reasonable level so that the boot lagging or smuggling does not happen”, said Sushil Mohta, President, Credai West Bengal and Chairman, Merlin Group.

About Post Author

Suman Munshi

Founder Editor of IBG NEWS (15/Mar/2012- 09/Aug/2018). Recipient of Udar Akash Rokeya Shakhawat Hossain Award 2018. National Geographic & Canon Wild Clicks 2011 jury and public poll winner. Studied Post Graduate Advance Dip in Computer Sc., MBA IT,LIMS (USA & Australia), GxP(USA & UK),BA (Sociology) Dip in Journalism (Ireland), Diploma in Vedic Astrology, Numerology, Palmistry, Vastu Shastra & Feng Sui 25 years in the digital & IT industry with Global MNCs' worked & traveled in USA, UK, Europe, Singapore, Australia, Bangladesh & many other countries. Education and Training advance management and R&D Technology from India, USA, UK, Australia. Over 30 Certification from Global leaders in R&D and Education. Computer Science Teacher, IT & LIMS expert with a wide fan following in his community. General Secretary West Bengal State Committee of All Indian Reporter’s Association
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