Rent & lease agreements
Punjab levies 1% stamp duty on the total rent for the term plus the security deposit. The security deposit is included in the duty base. Registration is optional for agreements under 12 months.
Reference example — ₹25,000/month, 11 months, ₹1,00,000 deposit: duty ≈ ₹3,750 (total ≈ ₹3,750).