The Rajasthan Government has issued an order under Section 9(1) of the Rajasthan Stamp Act, 1998, reducing the stamp duty on property conveyance when the buyer is a married couple (husband and wife jointly). 

Key Points: 

• Property Value Limit: The reduction applies only if the market value of the property does not exceed ₹50 lakh. 

• New Stamp Duty Rate: The applicable stamp duty will now be 5.5% instead of the standard rate. 

• Purpose: This move aims to promote joint property ownership among spouses and provide financial relief to homebuyers. 

• Applicability: This order applies to all conveyance instruments executed in favour of both husband and wife jointly (not individually).