Haryana government has waived off stamp duty on transfer of immovable property to blood relations

[Hiren Katira]

Haryana government has waived off stamp duty on transfer of immovable property to blood relations, including children, grandchildren, spouse, brothers and sisters. 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%. 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.(Source TOI, Chandigarh)

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