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Uttar Pradesh expands stamp duty relief to commercial and industrial family transfers, capping fees at ₹5,000.
The Uttar Pradesh government has expanded its stamp duty relief to include family transfers of commercial and industrial properties, capping fees at ₹5,000 regardless of value or location, building on a 2023 policy for residential and agricultural land.
The change, effective after gazette publication, aims to reduce costs, prevent disputes, and promote legal clarity in property transfers.
The cabinet also approved a flat ₹10,000 fee for registering ancestral property partition deeds and slashed registration fees for rent agreements by up to 90%.
Additional decisions include free land for new sub-registrar offices in Kushinagar and Jhansi, incentives for semiconductor and tech firms, a new bus station in Pilibhit, and plans for a 500-bed hospital in Varanasi.
Uttar Pradesh amplía el alivio del impuesto de timbre a las transferencias familiares comerciales e industriales, limitando las tarifas a ₹ 5,000.