Lucknow: The Yogi Adityanath government of Uttar Pradesh has given a big gift to those who do property in the name of their loved ones. Now no stamp duty will have to be paid on the registry to be done in blood relation in the state, only 5 thousand stamp will be registered and 1000 processing fee will have to be paid. The Yogi government has passed this resolution from the cabinet.
The Yogi government has now given the facility of registering property in the name of loved ones on a stamp of Rs 6,000 in the gift deed. According to this category, the family includes parents, husband-wife, son-son bride, daughter-son-in-law, real brother-real sister, son-daughter's son-daughter. Till now, even in the gift deed in the family, money had to be paid according to the DM circle rate, in which if there is a property of 50 lakhs, then at least 4 lakh 20 thousand had to be spent for it, but now this work is done in only 6 thousand. Will be done. That is, the Yogi government has given a big gift to the families of UP.
However, this scheme has been started as a pilot project now. Initially it will be implemented for 6 months. Later it can be extended further. The decision will result in a loss of about 200 crores to the government. At present, stamp duty is charged according to the DM circle rate. Apart from Uttar Pradesh, the benefit of this facility is also being given in states like Maharashtra, Karnataka and Madhya Pradesh.
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