Chandigarh, July 28 — The Haryana Cabinet, led by Chief Minister Nayab Singh Saini, on Tuesday approved exemption and fixation of stamp duty and registration fee under Pradhan Mantri Awas Yojana-Urban 2.0 for dwelling units up to 60 sq m registered for weaker sections, besides launching the MSME and Export Promotion Policy that aims to attract Rs 55,000 crore investment.
The concession in stamp duty and registration fee is a targeted measure to facilitate affordable home ownership for economically weaker households under this time-bound flagship scheme, an official statement said.
As per the conveyance deed executed for such dwelling units, a nominal fee of Rs 500 per deed will be levied. Also, the stamp duty under Article 23-A of Schedule 1-A of the Indian Stamp Act, 1899, as applicable to Haryana, has been reduced to a nominal amount of Rs 500 per deed.
The step aims to reduce the transaction cost and financial burden on EWS beneficiaries, thereby promoting the objective of “housing for all” under PMAY-U 2.0.
Currently, the stamp duty on conveyance deeds in the state is five per cent under Article 23-A of Schedule 1-A of the Indian Stamp Act, besides two per cent additional duty. A rebate of two per cent is available where the conveyance is executed in favour of a woman. The registration fee is chargeable on a slab basis, subject to a maximum of Rs 50,000.
The government said the Haryana Progressive MSME and Export Promotion Policy 2026 aimed to translate its commitments under the Sankalp Patra into action that advances Vision 2047 and promotes convergence with the Government of India’s Raising and Accelerating MSME Performance (RAMP) Program.
The policy’s 60 transformative initiatives are anchored around six strategic pillars: finance, infrastructure, technology, exports, sustainability, and skills, creating a holistic framework to support MSMEs at every stage of their growth.
Designed to benefit enterprises across all geographies of Haryana, it provides targeted support to both traditional and high-growth thrust sectors, including automotive and auto components, electric vehicles, aerospace and defence, general engineering, metal products and steel fabrication, electrical, electronics and scientific instruments, pharmaceuticals and medical devices, rubber and plastics including toys and sports goods, footwear and leather products, renewable energy, circular economy and green industries, textiles and apparel, and agri-based, food processing and allied industries.
The Cabinet also approved the draft Haryana Local Audit Bill of 2026. The Bill seeks to establish an effective and efficient audit framework for all local authorities and other authorities, bodies, institutions, and funds in the state, besides providing for matters connected therewith or incidental thereto.
The Bill seeks to enact a more effective and efficient audit framework and to enable better oversight of the expenditure of local funds.