What is the stamp duty for gift deed in Lucknow, 2024?

In case of a Gift Deed of a House by Mother to her Daughter in Lucknow, Uttar Pradesh, what is stamp duty in Nov 2024, is it 1% of property value? Or Only 5000 Rs ?

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Advocate By LEAD INDIA Answered: 28 Nov 2024

Sir, the Indian Stamp (Uttar Pradesh Amendment) Bill 2024 includes a provision that allows property transfers between blood relatives to be completed by paying a stamp duty of Rs 5,000. For further legal assistance contact us on our helpline number.  

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