Peoples Democratic Party (PDP) on Tuesday cautioned the Governor administration that while revising the stamp duty rates, no measure is taken which is aimed at reversing the order that waives off stamp duty if the property is registered in the name of a female member of the family.
In a statement here, former minister and senior PDP leader Naeem Akhtar said that according to the media reports, the Governor administration is finalizing new stamp duty rates which shall be applicable in Kashmir from 2019 and PDP expects that the order pertaining to zero stamp duty for women issued by the PDP led government in the past isn't fiddled with.
"It is a revolutionary measure which has for the first time sought to empower women in the real sense by making them stakeholders in real estate and family property.
Even the early statistics also suggest that now more properties are being registered in the name of female members of the family which inherently vest them with unprecedented leverage. Such a decision taken by the PDP government has come in praise at the national level as well," Akthar said.