Advanced Search
we found 0 results

Your search results

Govt waives registration fee on property transfer among Kin

Posted by BrickAcres on November 6, 2015
| News
| 0

Finally , the state government has waived total registration fee charged for transfer of property between spouses and blood relations in urban and rural areas with immediate effect , thereby giving relief to thousands of such beneficiaries .
Initially , the decision to waive this registration fee was taken by the state cabinet ” verbally ” on may 20. The state government had announced with much aplomb that the waiver had been granted. But this was later struck down by the legal remembrancer.
Sources in the Revenue Department say this has finally
cleared all legal hurdles and a formal notification has
been issued today. The aim is to encourage families to
legally transfer property between blood relations and spouses ,including son , daughter , father , mother , brother , sister , grandson and granddaughter .Besides this, the state government has also decided to waive social security fund, social infrastructure cess and stamp duty on such transactions.

Leave a Reply

Your email address will not be published.