Asked in Property
stamp duty on gift deeds is three per cent on the market value of a property Please give me Rank 5 and Review my Resume and Follow me if my answer satisfies you
Mr.Pravin Gift Deed can be Given only First Level Blood Relative such as Wife , Son, Daughter , Sister, Brother Father and Mother. if it is Money one time upto Rs.25 Lakhs or Property the charges should not be more than Rs.1000 stamp duty and Rs1000 for Registration . In case of other than afore mentioned Blood Relative charges will be more Contact any Advocate in this Forum for your relief.
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