The Government of Uttar Pradesh (UP), on August 31, 2026, has published the English translation of the Indian Stamp (Uttar Pradesh Amendment) Bill, 2026, introduced in the Uttar Pradesh Legislative Assembly on August 4, 2026. The Bill proposes to further amend the Indian Stamp Act, 1899, as applicable to Uttar Pradesh, and extends to the whole State.
The Bill proposes to substitute Article 33 of Schedule I-B relating to gift instruments, other than settlement, will or transfer instruments. Under the proposed provision, stamp duty on a gift instrument would be the same as the duty applicable to a conveyance under Article 23, clause (a), calculated on the minimum market value (Circle Rate) determined in accordance with the rules made under the Act.
The proposed amendment is not yet operative. The Bill provides that the amendment will come into force on such date as the State Government may appoint by notification in the Gazette. Accordingly, the existing stamp-duty provisions continue to apply until the proposed amendment is enacted and brought into force.
[No. 252/XC-S-1–26-17S-2026]
