Stamp duty on gift deed to a brother (blood relative)
Stamp duty on gift deed to a brother (blood relative)
Maharashtra Govt. has given concession on Stamp Duty on Gift deeds for property to be transferred to blood relations.
Rs. 200/- Stamp Duty
Rs. 200/- Registration.
At present there are five categories for Rs 200/- stamp duty:
1/2) Husband to wife and vice versa,
3) Parents to children, and
4) Grand parents to grand son,
5) and to deceased son's daughter in law.
For all other blood relations you will have to pay stamp duty of 3% on Gift Deed in Mumbai, and rest of Maharashtra there is 1% added duty depending upon municipal corporation.
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