What is the stamp duty of making Gift Deed in Mumbai


What is the status of Stamp Duty required to be paid for the transfer of property without consideration as Gift Deed in Mumbai, Maharashtra; from Father / Mother to Son / Daughter? Is it Rs. 200 or has been amended to 3% of the market value? There are contradicting versions about the so-called amendment that was passed to raise from Rs. 200 to 3% of the MV. Please refer this two links for reference http://www.e-stampdutyreadyreckoner.com/Gift.html https://timesofindia.indiatimes.com/city/mumbai/maharashtra-govts-u-turn-over-stamp-duty-on-gift-deed/articleshow/58737771.cms?from=mdr

Answers (2)


58 votes

Stamp duty on gift deed (without consideration ) blood relation i.e.
between father_ mother to son _daughter as per amendment in maharashtra stamp act art 34 stamp duty is 3 percent on government valuation i.e. ready rek..&1 percent registration fee as per valuation or 30000 fix slab


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207 votes

Dear Querist, the decision to hike to stamp duty charges was revoked later. So at present there are five categories for Rs 200/- stamp duty, Husband to wife and vice versa, Parents to children, and Grand parents to grand son, and to deceased son's daughter in law. For all other blood relations you will have to pay stamp duty of 3% on Gift Deed in Mumbai, and rest of Maharashtra there is 1% added duty depending upon municipal corporation.
Regards,
Rakesh V. Misar

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