The Punjab government has ended stamp duty on registration deeds of transfer of immoveable property to blood relations, i.e., children, grandchildren, brothers and sisters. With the new provision, the beneficiaries will be able to save Rs1 lakh as stamp duty on the transfer of any immoveable property worth Rs20 lakh. They would save Rs7.5 lakh if the property was worth Rs1.5 crore. However, other charges, including registration fee, infrastructure cess, etc, will continue to be levied. This burden is around 4% in urban areas and 1% in rural areas.