Rajasthan Stamp Duty Revenue Skyrockets by 99% Over Five-Year Period
The Rajasthan state government has reported a dramatic increase in stamp duty revenue over the past five years, with collections nearly doubling during this timeframe. This impressive growth has been fueled by consistent rises in property registrations, higher District Level Committee (DLC) valuation rates, and the implementation of an additional surcharge on stamp duty payments.
Steady Revenue Climb Documented in Official Figures
According to official data released by the stamps and registration department, the state's stamp duty revenue stood at Rs 5,297.27 crore during the 2020–21 fiscal year. From this baseline, collections demonstrated remarkable upward momentum in subsequent years:
- Rs 6,491.90 crore in 2021–22
- Rs 8,189.23 crore in 2022–23
- Rs 9,181.49 crore in 2023–24
- Rs 10,541.88 crore in 2024–25
This represents an overall increase of approximately 99% over the five-year period, highlighting the substantial growth in this revenue stream.
Current Fiscal Year Performance Exceeds Expectations
As of February 18, 2026, the state has already generated over Rs 10,663 crore through stamp paper sales and registration of immovable property documents. This figure surpasses the revenue recorded during the corresponding period last year by a significant Rs 121 crore margin.
In response to this sustained growth trajectory, the government has revised its annual revenue target upward to Rs 15,000 crore, reflecting confidence in continued strong performance from this sector.
Key Factors Driving the Revenue Surge
A senior official from the revenue department explained the primary drivers behind this revenue expansion: "The substantial increase in stamp duty revenue can be largely attributed to periodic revisions in DLC rates and higher property transaction values across the state. We have implemented strategic measures to strengthen non-tax revenue streams through improved valuation mechanisms."
Officials confirmed that DLC rates have increased by 25% to 35% over the past five years, creating a direct positive impact on stamp duty collections. "Property transactions are now being registered at more realistic market values, which has significantly contributed to the revenue enhancement," another official noted.
Policy Changes Amplify Revenue Collection
Beyond the DLC rate adjustments, officials identified two additional policy changes that have boosted collections:
- A 30% surcharge on stamp duty implemented across various transactions
- The phasing out of low-denomination stamp papers priced around Rs 10
An official elaborated on the practical impact of these changes: "Even for small affidavits and routine documentation, citizens are now required to purchase a minimum Rs 50 stamp paper. After applying the surcharge, this effectively costs around Rs 65 in the market, contributing to the overall revenue increase."
The combination of these factors—higher property values, revised DLC rates, strategic surcharges, and minimum denomination requirements—has created a powerful revenue engine for the state government, demonstrating how policy adjustments can significantly impact fiscal outcomes in the real estate sector.
