Upgrad LLM

family gift settlement


I want to gift my property (A plot) to my elder sister. Is there any exemption in stamp duty? I'm in Tamil nadu state and the property also in tamil nadu state.

 
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Percentage of Stamp duty is nominal for gifts between blood relations,rate of stamp duty varies from state to state.

 
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Ld. Kushan VYAS Advocate advised correctlly.

 
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