https://www.taxtmi.com/news?id=39180 The Jammu and Kashmir government has remitted stamp duty on property transfers by gift deed among specified blood relatives, effective April 1, under powers conferred by the Stamp Act. The remission implements a Budget proposal to reduce disputes and encourage formal registration by making such intra family transfers exempt from stamp duty. The notification conditions the exemption on production of any two specified documents by both transferor and transferee and defines "blood relations" to include parents, siblings, children, grandparents and grandchildren. en-us Sun, 30 Mar 2025 16:01:02 +0530 Sun, 30 Mar 2025 16:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39180 The Jammu and Kashmir government has remitted stamp duty on property transfers by gift deed among specified blood relatives, effective April 1, under powers conferred by the Stamp Act. The remission implements a Budget proposal to reduce disputes and encourage formal registration by making such intra family transfers exempt from stamp duty. The notification conditions the exemption on production of any two specified documents by both transferor and transferee and defines "blood relations" to include parents, siblings, children, grandparents and grandchildren. News - Sun, 30 Mar 2025 16:01:02 +0530 https://www.taxtmi.com/news?id=39180