Punjab exempts stamp duty for women

Chandigarh Nov. 13. The Punjab Council of Minister today approved the proposal for exemption from stamp duty on deeds relating to transfer of agriculture lands and residential properties by the female owner during her life time to legal heir, an official spokesman said. As per the decision taken by the Council at its meeting here with the Chief Minister, Amarinder Singh, in the chair.

The remission of stamp duty would be under the same was given to the heirs of the males. The concession would be applicable from the date from which it was given in case of males. In another decision, the Council of Ministers also approved the appointment of Honorary NRI headmen in each of the village of the State where at least 20 NRI families had migrated from India to foreign countries. NRI would have the same meaning as defined in the Punjab Security of Land tenures Act, 1953 and also include the persons born abroad after attaining the age of majority but would be limited to four generations of the NRI concerned.

The meeting unanimously complimented the State Government in general and the Food, Supplies and Consumer Affairs department in particular for accomplishing the "gigantic task" of smooth and hassle free record procurement of 137 lakh MT of paddy in a stipulated time period.

Mr. Singh informed the meeting that 15 lakh MT of Basmati was expected to come in the mandis in the coming days. He expected that the entire procurement of paddy would surpass the mark of 150 lakh MT thereby setting a new record.

He also pointed out that the current procurement of paddy had immensely benefited the farmers of the State to the tune of more than Rs. 2000 crores whereas the State Government had earned Rs 1.5 crore as cess. -- PTI