In a historic decision, Odisha government has decided to reduce the rate of stamp duty to 4% from 5% on purchase of land and houses in names of women, an official statement said.
The state government earlier announced to reduce the stamp duty for women in the Odisha State Policy for Girls and Women 2014 launched in July, 2014. Currently, one has to pay 5 per cent of the total value of land or building as stamp duty.
Sources in the state revenue department said, the decision would encourage people for registration of properties in the name of women which is not very encouraging.
Earlier in July, 2015, Gujarat announced complete exemption of stamp duty for women during registration of immovable properties in the name of women.
Claiming that Naveen Patnaik’s tenure which started in 2000 as the “golden” period for women, the official statement said that the state government has made provision of 50 per cent reservation for women in three-tier panchayat polls, Biju Kanya Ratna Yojana, Women University, ration cards and Biju Pucca Ghar in names of ladies have helped empower women in the state.
Earlier in 90s, the then Biju Patnaik government had reserved 33 per cent of seats for women in panchayat polls and government service. “The recent decision is a tribute to the legendary leader Biju Patnaik,” it said.
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