How Is Stamp Duty Calculated?

Calculation of Stamp duty depends on:

Age of property
Location of property: How much stamp duty you pay depends on whether the property is located in a city, suburban area, a metropolitan, or a rural area.
Gender of the property owner: Women are exempted from paying stamp duty in some states
Usage of property: House, office/ business purposes, vacant piece of land, commercial property, etc.

In the next section, let's look at the different ways in which stamp duty can be paid