23 May 2017 | Last updated 09:19 AM

Delivering Change Foundation
Delivering Maharashtra
Maharashtra Speaks
Saam TV
Yin For Change

More Pune
Mumbai News
Rest of Maha
Stamp Duty Calculator to be available online
ST Correspondent | Friday, 19 May 2017 AT 11:29 PM IST
Send by email    Printer-friendly version

Pune: Stamp Duty and Registration Department will soon increase use of e-registration for property registration,  Anil Kawde, Inspector General of Registration (IGR) said here on Friday.

He said currently e-registration is being used in big cities like Pune, Mumbai, Thane and Navi Mumbai for leave-licence agreements and first sale of flats.

Kawde was interacting with the media at Patrakar Bhavan on Friday. He added that emphasis will be given on curtailing repeated visits of citizens to the Sub-Registrar’s office.

He said Maharashtra is the first state to digitise all functions of Stamp Duty Department. As a next step the stamp duty calculator will be made available online. Citizens will be able to pay stamp duty through e-payment.

He added that as per section 55 of Maharashtra Rent Control Act, it is mandatory for the landowner to register the property. While making tenancy agreement under section 69, two witnesses are necessary, but Kawde added that he has submitted a proposal to allow use of Aadhaar card as an alternative for witnesses.

Stating that Stamp Duty and Registration Department is ranked at number two in terms of collection of revenue, Kawde said last year Rs 21,000 revenue was collected by this department. He added that Registration Act, Stamp Act and Special Marriage Act are three such acts that are being implemented through this department. He added that 9,000 citizens come in contact with this department daily and 24 lakh citizens annually approach this department.

Kawde said that generation of revenue is the primary focus of this department but at the same time, simplifying, speeding up various functions associated with this department is also important.

Kawde added that apart from sale and transfer of properties, under section 51 (a) of Maharashtra Stamp Act 1958, the stamp duty is also collected on share transactions. Last year Rs 450 crore duty was collected from share transactions. Kawde added that similarly, the department has also established a mechanism to collect duty from delivery orders at 35 Custom Facility Centres at Jawaharlal Nehru Port Trust (JNPT), and Rs 25 crore worth stamp duty was collected last year.

Kawde said the Sarita  (Stamp And Registration Information Technology Application) software which was introduced in 2002 has played a significant role. With this system in place, citizens can key in their own details through Public Registration system.
Kawde added that developing a foolproof mechanism to fix Ready Reckoner rates was the main challenge. He said i-Sarita is being implemented through new software across the country after customisation. Kawde further added that the department’s helpline is helping citizens from 7 am to 9 pm on all working days.

Add Your Comment
Your Name
23 May 2017
Content limited to 1000 characters,1000 characters remaining.

The content of this field is kept private and will not be shown publicly.