how much stamp paper to be taken for making gift ( bank transfer) in Karnataka for amount more than Rs 100000/- to Rs 300500/- ? Thanks in advance .
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Quick Summary
This discussion clarifies the stamp paper requirements for gift deeds in Karnataka, specifically for amounts exceeding ₹100,000. It's confirmed that a gift deed registration is compulsory, not just a notary. While specific rates can vary, the best advice given is to confirm the current stamp paper value directly with the Sub-Registrar's office in Karnataka, as rules can change. The context provided is a gift from a father to a daughter.