(Querist) 30 October 2021
This query is : Resolved
I want to give money to my sister and register the money transfer by a Gift Deed. Do I have to pay stamp duty in Delhi? And how much % will I have to pay as Stamp duty?
(Expert) 30 October 2021
The Stamp duty varies from one state to another state. Hence consult in local SRO or search igr.delhi for the purpose. The registration of the Gift of movable property is optional.
Dr J C Vashista
(Expert) 01 November 2021
It is 4% of the amount for female, 5% for male + female whereas, 6% for male beneficiary.