Posts Tagged ‘karnataka government’

E-stamping gains popularity in document registrations

Monday, June 7th, 2010

Gone are the days when people had to wait in serpentine queues to purchase a stamp paper. The efforts of the Karnataka Government in promoting e-Stamp papers with the support of the public sector Stock Holding Corporation of India has started paying rich dividends. Nearly 175 e-Stamp sale counters have come up across the State. E-Stamp papers sale has gained popularity in Maharashtra and Tamil Nadu as well.

“It is almost impossible to produce a fake e-Stamp paper. Each paper carries a code and the paper itself has several security features. The efforts are on to open 400 e-Stamp vending centres across the State and of them 200 will be located in Bangalore where the sale of stamp papers is one of the highest.Credit for this should go to K.R. Niranjan who until recently was the Inspector General of Registrations and Commissioner of Stamps.” says S.N. Jayaram, the incumbent Inspector-General of Registrations and Commissioner of Stamps.

E-Stamp papers are available in select branches of Syndicate Bank, Canara Bank, Souharda Cooperative Bank, Indian Bank and Corporation Bank while Punjab National Bank and Karnataka Cooperative Apex Bank have come forward to open sale counters. Apart from this the new variety of stamp papers are also sold in nearly 50 post offices and this will be extended to another 50 by the Postal Department.In the two years from March 2008, a total of 9.53 lakh e-Stamp papers with a face value of Rs 73.19 crore have been sold in the State.

The introduction of e-Stamp papers and the opening of sale counters across the State will not merely counter the circulation of fake document papers but also net a rich revenue to the State exchequer.




New Akrama Scheme is likely to earn an additional Rs 1000 cr

Thursday, October 15th, 2009

The government plans to regularize all unauthorized layouts and housing sites developed before December 31, 2009 as against December 31, 2008. In the run-up to the BBMP polls, the government drastically slashed penalties from 20% to 8% for residential building and 25% to 20% for commercial buildings.

Continuing its efforts to fill its empty coffers and also with an eye on the upcoming BBMP polls, the state government on Wednesday indicated that the Akrama-Sakrama scheme will take a definite shape within a week.The cabinet sub-committee for regularisation of unauthorised constructions decided to issue a notification soon.

Initially, the revenue target was Rs 4,000 crore from this scheme.Now, with the extension of deadline it is likely to earn an additional Rs 1000 crore.The Akrama-Sakrama scheme was originally formulated during former chief minister H D Kumaraswamy’s regime but could not be implemented following strong opposition from people over high penalty rates.The then government had amended the Karnataka Town and Country Planning Act to introduce the regularisation as a one-time measure.

Links to refer

apartment-bangalore.com/bank-loans-for-sakrama-penalty

timesofindia.indiatimes.com/city/bangalore/New-Akrama-scheme-could-mop-up-Rs-1000-more

www.commonfloor.com/articles