Shimla, Sep 23 (UNI) The Himachal Pradesh Assembly passed the HP Stamp Duty Amendment Bill with an amended form relaxing eight percent stamp duty for women for registration of property up to Rs 80 lakhs.
Justifying the purpose of the bill, CM Sukhwinder Singh Sukhu said the bill has been brought to hike the stamp duty and would not affect common men who have small landholdings. Those who sell and purchase properties are not common people, and many of the property deals are being executed through the power of attorney. He said many cases came to light about the sale of land being done to outsiders through POA.
Accepting the contention of BJP MLA Randhir Sharma, the Chief Minister said a word would be inserted in the Stamp Duty Amendment Bill moved by the government on Thursday that a hike of eight percent stamp duty for the sale of property above Rs 50 lakh would be substituted for Rs 80 lakh for women.