Nod to stamp duty waiver in NCR
May 30, 2014
Source : The Times of India

 

DELHI: The Haryana government on May 28 waived stamp duty on transfer of immovable property to blood relations, a few days after Punjab took a similar decision.

“It was a long pending demand of the people,” said the Haryana chief minister after the cabinet meeting. The decision comes in the wake of the state’s observation that the stamp duty levied on transfer of immovable property within the family and among blood relations had become a hindrance for such transfers.

The government felt that non-transfer of property among blood relations leads to avoidable disputes and litigation among parents, siblings and other blood relations.

Haryana charges stamp duty at 7%, for transferring property even to family members while in case of women it is 5

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