Gandhinagar: The state govt on Friday announced a decision to provide relaxation in jantri-based stamp duty provisions for internal land transactions among lineal and collateral heirs in the state.As per this decision, when one or more heirs among joint holders recorded under inheritance entries relinquish rights in favour of other heirs, a stamp duty of Rs 300 instead of jantri-based stamp duty will be charged on each deed of relinquishment or reduction of rights, an official statement said.Where joint account holders entered under inheritance records carry out partition over time, whether in one or multiple stages including lineal heirs or, in their absence, collateral heirs, a stamp duty of Rs 300 will be charged on each partition deed, the statement added.The govt said that in cases where no lineal heir is alive, rights may be relinquished in favour of one or more collateral heirs and for entry of names during lifetime as well as partition, each such change deed will attract a stamp duty of Rs 300.The govt said that as a result of the division, easier property division among family members will reduce disputes and court cases, promote proper legal documentation, and encourage registration of transactions that currently remain undocumented due to higher stamp duty. The govt said that farmers will also receive significant relief as the financial burden involved in dividing inherited agricultural land will decrease.
