Govt issues formal order for remission of stamp duty on properties owned by women

JAMMU: Government today issued formal notification for remission of stamp duty on land and estate to be purchased in the name of the female member of the family in the State.

“There shall be 100 per cent remission of stamp duty leviable on land or estate, on its purchase in the name of a female member of the family,” a notification issued by Principal Secretary Finance, Navin Kumar Choudhary, said.

The Finance Department issued two more orders by virtue of which the stamp duty for the urban areas has been slashed from 7 per cent to 5 per cent and for the rural areas from 5 per cent to 3 per cent. (AGENCIES)


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