Gandhinagar, March 25 (IANS) The Gujarat Legislative Assembly on Wednesday passed an amendment to the state’s Disturbed Areas law, renaming such zones as “specified areas” and introducing a series of changes to regulate the transfer of immovable property, following a heated debate in the House. Speaking at a press conference after the proceedings concluded, government spokesperson and minister Jitu Vaghani said objections to the legislation were being raised by those viewing the issue thro…
Latest Property Transfers News & Updates
Lucknow, Jan 6 (IANS) The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, has approved a major relief in stamp duty on gift deeds involving commercial and industrial properties transferred between family members. The Cabinet meeting was held on Tuesday.With this decision, the maximum stamp duty payable on such gifts has been capped at Rs 5,000, irrespective of the property’s value or whether it is located in urban or rural areas.Earlier, a similar concession introduced through …