UP Caps Stamp Duty for Lease and Rental Agreements

26 Nov 2025 CW Team

Retailers Association of India (RAI) has welcomed the Government of Uttar Pradesh’s decision to cap stamp duty and registration fees on lease deeds, a measure that aligns with recommendations made by RAI and other industry bodies over several years. The industry has consistently highlighted that high and unpredictable stamp duty and registration charges discourage formal tenancy registration and raise operating costs for retailers.

The new system introduces a ceiling on both stamp duty and registration fees linked to tenancy duration and average annual rent. RAI stated that this reform will offer measurable cost savings for retailers and encourage more formal rental contracts in the state.

According to the association, the change is expected to support the expansion of organised retail, improve ease of doing business, and reduce procedural bottlenecks linked to tenancy documentation.

Please click on the link below to view the notification: https://shorturl.at/BkHSl

Infrastructure Urban

11 May 2026

Blue Dart Revenue Rises to Rs 61.41 Bn

Blue Dart Express reported revenue from operations of Rs 61.41 billion for FY2025–26, up from Rs 57.20 billion in the previous year, supported by continued momentum in e-commerce, domestic consumption and B2B surface express solutions. Profit after tax for the year stood at Rs 240 crore.For the quarter ended 31 March 2026, the company posted revenue from operations of Rs 15.33 billion and profit after tax of Rs 430 million. Blue Dart said it continued to strengthen its integrated air and ground network, improve operational efficiency and expand solutions for businesses across India.The compa..

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..