Online edition of India's National Newspaper
Wednesday, Oct 23, 2002

Southern States

Good response to Samadhan scheme

CHENNAI Oct. 22. The Government is encouraged by the response to its recently-announced `Samadhan scheme' for clearing property transactions, pending final resolution, by the Revenue department for collection of stamp duty.

Since the beginning of the scheme on October 1, a total of 5,206 documents had been cleared and an income of Rs.11.13 crores was fetched in the first 18 days, the Revenue Minister, Thalavai Sundaram, told newspersons today.

He said all transactions had to be registered through the Registration department, which collected stamp duty on the basis of guideline values. When a dispute arose between a registrant and the department, the matter was referred to the Special Deputy Collector (Stamps), who, after examining the property and going through the stipulated steps, would fix the value.

Up to April 18, over 95,000 documents were pending before the SDCs, involving a notional value of Rs. 350 crores as duty. As a means of unlocking the "locked-up revenue," the Government announced the scheme under which the registrant was required to pay only 60 per cent of the stamp duty and get the property registered, all across the counter. All the 95,000 persons could avail themselves of the scheme.

"In the first 18 days, we have resolved disputes in over 5,200 documents, which was encouraging. We hope many more would prefer to avail themselves of the scheme," Mr. Sundaram said.

The Secretary, the Commercial Taxes department, Shaktikanta Das, and the Inspector-General of Registration, Pradeep Yadav, explained the technology-based solutions the Registration department was seeking to provide.

Under the STAR (simplified and transparent administration of registration) project, more than 350 sub-registrar offices were computerised to speed up creation of digital archives of documents, issuance of encumbrance certificates (within minutes against eight to 15 days by manual checking earlier) and provision of guideline value of any survey number or street in the State.

A dedicated network — "RegiNET" — was established which covered all registration offices in the Chennai Corporation limits and the Service Centre at the DIG of Registration office in Chennai. Applicants could approach the nearest sub-registrar's office for getting encumbrance certificates or ascertaining guideline values and certified copies of documents already scanned.

Online application

Recently, the department created a facility for online application for encumbrance certificates.

Applicants could log on to the department web site (http://igregn.tn.nic.in ) and get certificates either by post (VPP) or collect them in person on a fixed date.

Mr.Yadav said the Government was working "on various options for making guideline-value fixation more transparent and objective".

Recently, the committee had been expanded to include DROs.