The property owners need to pay the stamp duty and registration charges in Punjab to the Revenue Department for all possessions associated with the agreement taking place. The registration charges and stamp duty vary from one state to another. Additionally, the plot registration charges in Punjab are also different from house registration charges and flat registration charges in Punjab. As per the latest reports, the Government of Punjab charges a 7 per cent stamp duty.
Stamp Duty Collection in Punjab is Done in the Following Manner:
- 5 percent of the consideration amount
- 1 percent for Social Infrastructure Cess (SIC)
- 1 percent for Punjab Infrastructure Development Board (PIDB)
In the event of mutual exchange of familial property, the executors are charged with a 900 INR stamp duty. If the property is transferred to someone in your blood relation, you’re not liable to pay any stamp duty. Facilitation charges are also required to be paid along with stamp duty. For a consideration amount of 10,00,000 INR or less, a fee of 1,000 INR is charged. The agreed amount between the seller and the buyer is referred to as the consideration amount. Consideration charges ranging between 10 lakhs to 30 lakhs are charged with a fee of INR 3,000.
The calculation of stamp duty is done considering the circle rate. For the property to be considered as legal, it must be registered at the circle rate or above it. Circle rate is defined as the standard rate of property below which a property isn’t registered.
Stamp Duty and Registration Charges in Punjab for Women
To promote women house-ownership, the Punjab government has granted a concession on the charges of stamp duty for women in the state. The payable stamp duty on a property registered in the name of a female solely or jointly with another female partner is 1 percent lesser than the normally applicable stamp duty for all others. In the case of two females jointly owning a property, this percentage remains unchanged.
If a joint property is being registered in a man and woman’s name, the stamp duty charged would be 6 percent of the transaction value.
In a case of the property being jointly registered by the name of a male and a female, then the female holds the right to collect the rebate in the proportion of her property’s share. This isn’t done at a fully discounted rate.
Stamp Duty and Registration Charges for Single Ownership
| Owner | Stamp Duty Rates (in %) | Registration Charges (in %) |
| Men | 7 | 1 |
| Women | 5 | 1 |
Stamp Duty and Registration Charges for Joint Ownership
| Owner | Stamp Duty Rates (in %) | Registration Charges (in %) |
| Men and Women | 6 | 1 |
| Men and Men | 7 | 1 |
| Women and Women | 5 | 1 |
Stamp Duty Charges in Other States
| State | Stamp Duty Charges |
| Maharashtra | Stamp Duty in Maharashtra |
| Gujarat | Stamp Duty in Gujarat |
| Uttar Pradesh | Stamp Duty in Uttar Pradesh |
| Madhya Pradesh | Stamp Duty in Madhya Pradesh |
| Delhi | Stamp Duty in Delhi |
| Haryana | Stamp Duty in Haryana |
| Rajasthan | Stamp Duty in Rajasthan |
| Mumbai | Stamp Duty in Mumbai |
| Gurgaon | Stamp Duty in Gurgaon |
| Pune | Stamp Duty in Pune |
Deed Wise Stamp Duty Charges in Punjab
| SR.NO | Name of the Deed | Stamp Duty Rate | Registration Rates in Punjab | Facilitation Charge | PIDB |
| 1 | Sale or Gift | 5% – -Consideration Amount with 1 % – Social Infrastructure Cess is the gift deed stamp duty in Punjab | 1 % of the Consideration Amount, maximum upto 2 lakh INR | INR1000 – Consideration Amount for maximum of 10 lakhs & 3000 INR – Consideration Amount of value from between 10 lakhs to 30 lakhs & 5000 INR – Consideration Amount above 30 lakh INR | 1% – Consideration Amount |
| 2 | Property Transfer | Not Applicable | Not Applicable | INR 500 | Not Applicable |
| 3 | General Power of Attorney – for upto 5 individuals | INR 2000 | INR 400 | INR 2000 | Not Applicable |
| 4 | General Power of Attorney for above 5 individual | INR 4000 | INR 400 | INR 2000 | Not Applicable |
| 5 | Special Power of Attorney | INR 1000 | INR 100 | INR 2000 | Not Applicable |
| 6 | GPA Cancellation | INR 1000 | INR 400 | INR 2000 | Not Applicable |
| 7 | SPA Cancellation | INR 500 | INR 100 | INR 2000 | Not Applicable |
| 8 | Mortgage Deed without any Possession | 4% – Consideration Amount | 1 % – Consideration Amount for Maximum value of INR 2 lakhs | INR 1000 | Not Applicable |
| 9 | Mortgage Deed with a Possession | 4% – Consideration Amount | 1 % – Consideration Amount for Maximum value of INR 2 lakhs | INR 500 | Not Applicable |
Pattanama Deed & Will Stamp Duty and Facilitation Charges
| S.NO | Name of the Deed | Lease Period | Stamp Duty Rate | Property Registration Charges in Punjab | Facilitation Charge | PIDB |
| 1 | Pattanama or Lease | Under a year | 4% – Annual Rent Amount | 1 % – Annual Rent Amount | 500 INR | Not Applicable |
| 2 | Pattanama or Lease | Between 1 – 5 years | 8% – Annual Average Rent Amount | 1 % – Annual Rent Amount | 500 INR | Not Applicable |
| 3 | Pattanama or Lease | Between 5 – 10 years | 3% – Annual Average Rent Amount | 1 % – Annual Rent Amount | 500 INR | Not Applicable |
| 4 | Pattanama or Lease | Between 10 – 20 years | 3 % – Annual Average Rent Amount * 2 | 1 % – Annual Rent * 2 | 500 INR | Not Applicable |
| 5 | Pattanama or Lease | Between 20 – 30 years | 3 % – Annual Average Rent Amount * 3 | 1 % – Annual Rent * 3 | 500 INR | Not Applicable |
| 6 | Pattanama or Lease | Between 30 – 99 years | 3 % – Annual Average Rent Amount * 4 | 1 % – Annual Rent * 4 | 500 INR | Not Applicable |
| 7 | Will or Will Cancellation | Not Applicable | Not Applicable | 4000 INR | 500 INR | Not Applicable |
Example for Stamp Duty and Registration Charges in Punjab
For instance, Mr. Ahuja bought a new property or a flat in Amritsar for 60 lakh INR. Later, Mr. Ahuja realises that the value of the property as per the circle rate is now only 50 lakh INR. Since the specified value of this flat on papers i.e. the sale deed is 60 lakh INR, therefore Mr. Ahuja will now pay 7% of 60 lakhs as part of Punjab stamp Duty rates and another 1% as registration charge for this flat. Which comes out to be 4lakh 20 thousand as stamp duty and 60,000 as its registration charge.
Payments of Stamp Duty in Punjab
The buyers now can easily make their payment through an online method if they have bought e-stamps through the agency that has been decided by the central government i.e. SHCIL – Stock Holding Corporation of India Limited. They can then easily visit the same portal in order to make stamp duty payments for their property.
How To Get an E-stamping Certificate in Punjab?
There are two simple ways that can help a buyer to get its e-stamping Certificate.
- In Punjab, the Property buyers can easily get their e-stamping done through the portal of SHCIL – Stock Holding Corporation of India Limited
- In case you don’t want to follow the procedure of online payment then you can always visit the nearest centre for e-stamping collection or else visit the CRA branch in order to fill your application form.
Calculation of Property Registration and Stamp Duty Charges in Punjab
If land or property is bought at a lesser value than the current guidance value, the stamp duty in Punjab would be charged on the guidance value. In a possible case of the transaction being valued higher than the guidance value, the charges of stamp duty in Punjab would be as per the deal value only and not at the guidance value. It is the responsibility of the district administration to set a standard rate for all types of properties and land, below which any sort of transaction isn’t approved or registered.
FAQ’s about Stamp Duty in Punjab
Q1. What is the rate of stamp duty registration in Punjab?
The registration charges and stamp duty vary from one state to another. Currently, the Government of Punjab is collecting 7 percent as stamp duty.
Q2. What is the Stamp duty in Punjab in blood relation?
In case of mutually exchanging property in a family, the executors are charged with a Rs 900 stamp duty. If the property is transferred to someone in your blood relation, you’re not liable for any stamp duty.
Q3. Can I buy stamp paper online in Punjab?
In Punjab, the Property buyers can easily get their e-stamping done through the portal of SHCIL – Stock Holding Corporation of India Limited
Q4. What is the latest news on Stamp duty in Punjab?
The government of Punjab has hiked the stamp duty by 1 percent for providing funds to the water supply department. Currently, stamp duty charges have been raised to 7 percent.
