J-K Cabinet abolishes stamp duty on sale of properties in women's name

The Jammu and Kashmir government today abolished stamp duty on sale of properties registered in the name of women.

The state Cabinet, in a meeting chaired by Chief Minister Mehbooba Mufti, sanctioned reduction of stamp duty and no stamp duty in case the property is registered in the name of a female member of the family, an official spokesperson said here.

He said the cabinet approved levying of stamp duty at the rate of 5 per cent in the urban areas and three per cent in the rural areas if the property is registered in the name of a male member of the family.

However, there will be no stamp duty if the property in both urban as well as rural areas is registered in the name of a female member of the family, the spokesperson said