1. Gift Deed in favour of a FAMILY member = means 2% stamp duty
2. Gift Deed to a NON-FAMILY member = means 5% stamp duty.
3. Registration fees @ 1% remains static, in all and any transactions required to be registered
4. Gift Deed MUST be unconditional and is NOT revocable, WHEREAS a "relinquishment deed" CAN be conditional & revocable
Keep Smiling .... Hemant Agarwal