Hi

1) Stamp duty, Transfer Fee and Registration charges are applicable only for Transfer of Immovable Property.

2) There is no stamp duty, transfer fee or registration charges for movable property.

3) Chapter III of transfer of property Act is applicable for Gift of Immovable property.

4) In telangana state , for gift of immovable property to relatives(son/daughter/wife) the following charges will apply.

5) The charges are based on Fair market value(sub-registrar office values)

a) Stamp duty - 1% of Fair market value of property.

b) Transfer Fee-0.5% of Fair market value of property

c) Registration fees-0.5% of Fair market value of property(Minimum Rs1000 and maximum Rs10000).

You can use the following link http://registration.telangana.gov.in/TGMV_Client/index.jsp for calculation of stamp duty, transfer fee and Registration charges.

Hope this information is useful.

In Telangana Stamp duty on Gift deed of immovable property in favour of relative is 1per cent of market value of property

Transfer duty is 1.5 per cent of market value of property

Registration charges are o.5 per cent subject to minimum of 1000 and maximum 10000

Since the stamp duty ans registration fees differs in each state it would be better of you take help of local lawyer.

As far my information goes this is as below-

DOCUMENT STAMP DUTY TRANSFER DUTY REGISTRATION FEE STAMP DUTY AND TD PAYABLE ON

SALE OF IMMOVABLE PROPERTY

IN CORPORATIONS, SPECIAL GRADE AND SELECTION GRADE MUNICIPALITIES 4% 1.5% 0.5% MV OR CONSIDRATION WHICHEVER IS HIGHER

IN OTHER AREAS 4% 1.5% 0.5% -DO-

APARTMENTS/FLATS INCLUDING

SEMI FINISHED IN ALL AREAS 4% 1.5% 0.5% -DO-

SALE AGREEMENT CUM GPA 5% (4% adjustable & 1% not adjustable) 0% RS.2,000/- -DO-

SALE AGREEMENT WITH POSSESSION 4% (adjustable) 0% 0.5% ( subject to minimum of Rs.1000/- and maximum of Rs.20,000/-) -DO-

Gift deed means the instrument used to transfer movable or immovable property from the Donor to the Donee without any consideration expected from the part of the Donee.

The applicable stamp duty for GIFT (IN FAVOUR OF RELATIVES AS DEFINED U/S 56 (2) OF IT ACT,1961 AND GOVT./LOCAL BODIES/UDAs) it shall be 1%, transfer duty is 1.5% on the market value or consideration whichever is higher and registration fee 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-).

The stamp duty for gift in other cases shall be 4% and the other charges will remain same.

For a settlement deed within family members the stamp duty is 1% and there is no transfer duty.