Is there any concession of the stamp duty in respect of gift deeds in favor of family members?

Yes

The government charges are less in respect of gift deeds to family members 

In Karnataka, following are the government charges of blood relatives 

• Stamp Duty: Rs. 5150
• Registration fee Rs. 1000
• Cess: Rs. 500
• Scanning Fee Rs. 450

Following people come under blood relative category

1. Father
2. Mother
3. Brother
4. Sister
5. Husband
6. Wife
7. Son/Daughter

Uncle, nephew, in-laws doesn't come under blood relative category 

Following are the government charges of non-blood relative category: Below % is based on guidance value

• Every property in India has guidance value that is fixed by the revenue department of your locality, the guidance value is minimum amount for which a property can be registered in a particular locality and hence the property would not be registered for an amount lower than the guidance value
• Get the guidance value of your property in your area registrar's office.
• Guidance value, Government value and circle rate are referred to same

------------

In Bangalore, we provide end to end assistance to register Gift deed, 
To opt for our service, please Whatsapp to +91-97424-79020.

Thank you for reading…