Dehradun

Women make most of 10% tax exemption benefit in lohardaga

PNS

In lohardaga, women are being the owners of land by dint of getting 10% exemption in stamp and registration tax. Since November 2015 to January 2016, a large number of women have bought land. Since Nov 23, 2015 to January 18, 2016 a total of 385 pieces of lands have been registered. This included 145 as being owner by women.

As per information the women gets exemption of 10 percents in stamp fee and registration tax. On order of governor of the state the exemption has been implemented for women since Nov 2015. During the registration four per cent of total valuation of land is taken as stamp fee and three percent as registration fee. If anyone buys the land worth Rs one lakh, he has to pay `7,000 as tax. If it is bought by any women 10 percents of exemption is given in this tax.

Regarding this facility the district chief registrar said, “The number of buying the land in the ownership of women has increased after implementing this rule. For strengthening the women and to give them respect the step is quite appreciable as well.”