Gujarat Chief Minister Bhupendra Patel on Monday took a major revenue-related decision to provide substantial relief in payable duty amounts for housing transfers concerning the state's lower and middle-income families and individuals.

According to this important decision, in cases where societies, associations, and non-trading corporations carry out property transfers through allotment letters or share certificates, up to 80 per cent of the payable duty will be waived. Thus, only about 20 per cent of the original duty amount will be collected.

This exemption will be granted under Section 9(a) of the Gujarat Stamp Act, 1958.