Stamp Duty Exemption for Property Registration
About this scheme
The ‘Stamp Duty Exemption for Property Registration’ scheme is implemented by the Department of Stamps and Registration under the Finance Department, Government of Uttarakhand. It aims to provide financial relief during property registration by offering exemptions or rebates in stamp duty to specific sections of society.
Benefits
Under this scheme, stamp duty exemptions are provided at the time of property registration to:
Include deprived sections of society in the mainstream of development.
Promote economic upliftment.
Support improved performance in agriculture-related activities.
Recognize and give importance to the state’s military personnel.
- A 25% rebate in stamp duty is allowed on the transfer of immovable property up to the value of ₹25 lakh in favor of a woman buyer, a maximum of two times in her lifetime.
- A 25% rebate in stamp duty is allowed on the transfer of immovable property up to the value of ₹25 lakh in favor of a disabled person, a maximum of two times in his lifetime.
- An exemption of up to 25% in stamp duty is allowed on the transfer of immovable property up to the value of ₹25 lakh for serving or retired military officers/personnel of the State.
- Exemption from stamp duty is provided on mortgage deeds executed for loans taken for agricultural activities.
Who is Eligible
- The beneficiary must be a resident of Uttarakhand.
- The beneficiary must belong to one of the following categories:
- A woman
- A person with a disability
- A serving or retired state military officer/personnel
- An individual taking a loan for the purpose of agricultural activities
How to Apply
Offline
- A 25% rebate in stamp duty is allowed on the transfer of immovable property up to the value of ₹25 lakh in favor of a woman buyer, a maximum of two times in her lifetime.
- A 25% rebate in stamp duty is allowed on the transfer of immovable property up to the value of ₹25 lakh in favor of a disabled person, a maximum of two times in his lifetime.
- An exemption of up to 25% in stamp duty is allowed on the transfer of immovable property up to the value of ₹25 lakh for serving or retired military officers/personnel of the State.
- Exemption from stamp duty is provided on mortgage deeds executed for loans taken for agricultural activities.
Documents Required
Documents are required in accordance with the guidelines of the Department of Stamps and Registration to avail the benefits under the scheme.
Who Is Not Eligible
Frequently Asked Questions
- Who can benefit from this scheme?
The beneficiaries include:
- Women
- Persons with disabilities
- Serving or retired State military officers/personnel
- Individuals taking loans for agricultural activities
- What is the rebate for a woman buyer under this scheme?
A woman buyer is eligible for a 25% rebate in stamp duty on the transfer of immovable property up to the value of ₹25 lakh, a maximum of two times in her lifetime.
- What rebate is provided to persons with disabilities?
A disabled person is eligible for a 25% rebate in stamp duty on the transfer of immovable property up to the value of ₹25 lakh, a maximum of two times in his lifetime.
- What is the benefit for serving or retired military officers/personnel?
They are eligible for an exemption of up to 25% in stamp duty on the transfer of immovable property up to the value of ₹25 lakh.
- What exemption is available for agricultural loans?
Exemption from stamp duty is provided on mortgage deeds executed for loans taken for agricultural activities.
- Is there a limit on the property value for availing the rebate/exemption?
Yes, the rebate or exemption is applicable on immovable property valued up to ₹25 lakh.
- How is the rebate applied during registration?
The rebate is applied at the time of property registration by the registering authority based on submitted documents.
More Schemes in Uttarakhand
108, Emergency Ambulance Service - Uttarakhand
- In any type of medical emergency, patients are transported to the hospital and provided with first aid facilities. - The benefits of this service are being provided to the…
View details →
Aawasiy Suvidha 1 – Indralok Aawasiy Yojana (Group Housing)
Under this scheme, residential facilities are provided to homeless families. <br>
View details →
Accessibility Services to Disabled People
- **Employment Registration:** Registers unemployed individuals who are visually impaired and have low vision. - **Job Placement Assistance:** Provides suitable employment…
View details →
Admission Process in All Government and Non-Government Schools of the State
After admission in all Government and Non-Government schools of the state, children from Class 1 to 8 receive free education, meals, books, and shoe-bags. <br>
View details →