SRINAGAR, MAY 11: The Cabinet chaired by Chief Minister, Mehbooba
Mufti today accorded sanction to the reduction in Stamp Duty and nil Stamp Duty
in case the property is registered in name of the female member of the family.
The Cabinet approved levying of Stamp Duty @ 5% in
the Urban areas and @ 3% in the rural areas, if property is registered in the
name of male member of the family, levying of Stamp Duty@ 0%, if the property
in both urban as well as rural areas is registered in the name of female member
of the family.
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