Stamp duty act maharashtra

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yamini devle (Querist)
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13 May 2026 Dear sir,

my client had gifted share to the relative. want to ask whether this transaction attract stamp duty under maharashtra stamp act,
if yes then percentage.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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13 May 2026 Transaction: Gifting shares to a relative attracts stamp duty in Maharashtra.

Physical Shares: Approximately 3% for close relatives under the Maharashtra Stamp Act.

Demat Shares: 0.015% under the uniform pan-India stamp duty regime.

Recommendation: Use the demat route if possible, as the stamp duty cost is significantly lower.

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