Tamil Nadu Government Gazette No. 16, Part II, Section 2
The Government of Tamil Nadu published Tamil Nadu Government Gazette No. 16, Part II, Section 2 on 20 April 2022. The supplied notifications from the Commercial Taxes and Registration Department consolidate stamp duty payable for insurance policies issued by specified offices of insurance companies, and amend some earlier notifications by extending their periods or changing a consolidated amount.
What the Gazette covers
Tamil Nadu Government Gazette No. 16, Part II, Section 2 contains notifications or orders issued by Secretariat Departments for sections of the public. The supplied pages mainly reproduce Commercial Taxes and Registration Department notifications under the Indian Stamp Act, 1899 concerning consolidated stamp duty on insurance policies.
The contents page also identifies notifications concerning a reserved forest in Nilakottai Taluk, Labour Courts, and charitable endowments connected with the Tamil Nadu Government Music College, Thiruvaiyaru. The supplied text does not provide the full provisions of those notifications.
Insurance stamp duty notifications
The Commercial Taxes and Registration Department issued several orders between 15 February 2022 and 28 March 2022. Key provisions include:
- G.O. (Rt.) No. 39, dated 15 February 2022, consolidates duty for policies issued by the New India Assurance Company Limited, Divisional Office, Velacherry, Chennai, for the stated 2022 period.
- G.O. (Rt.) Nos. 44, 47, 49, 52, 54 and 70, dated between 17 February 2022 and 7 March 2022, provide consolidated amounts for specified New India Assurance Company Limited offices and periods.
- G.O. (Rt.) No. 71, dated 7 March 2022, extends the period in Notification No. II(2)/CTR/17/2022 from 31 March 2022 to 30 June 2022.
- G.O. (Rt.) Nos. 37, 38, 43 and 51, dated between 15 February 2022 and 25 February 2022, consolidate duty for specified divisional offices of the Life Insurance Corporation of India.
- G.O. (Rt.) Nos. 76 and 53, dated 15 March 2022 and 25 February 2022 respectively, concern consolidated duty for specified offices of the Oriental Insurance Company Limited and the United India Insurance Company Limited.
Amendments to earlier notifications
The Commercial Taxes and Registration Department also changes earlier Gazette notifications:
- G.O. (Rt.) No. 99, dated 28 March 2022, substitutes 30 June 2022 for 31 March 2022 in Notification No. II(2)/CTR/91/2022.
- G.O. (Rt.) No. 75, dated 15 March 2022, increases a consolidated amount from Rs.75,000 to Rs.1,00,000 and extends the period to 30 September 2022.
- G.O. (Rt.) No. 92, dated 25 March 2022, substitutes 31 March 2022 for 31 December 2021.
- G.O. (Rt.) No. 68, dated 7 March 2022, substitutes 31 March 2024 for 31 March 2023.
Relevance to property owners
The supplied insurance notifications concern stamp duty consolidated for named insurers. They do not state any change to stamp duty on property sales, purchases, conveyances or registrations.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does this Gazette change stamp duty on buying or selling property?
The supplied text does not state any change to stamp duty on property sales or purchases. Its detailed provisions concern consolidated stamp duty for insurance policies issued by specified insurance offices.
Do individual policyholders have to pay the consolidated amounts listed?
The notifications describe the amounts as consolidated duty chargeable for policies issued by named insurance companies and offices. The supplied text does not direct individual policyholders to pay those consolidated amounts.
Which insurers are covered by the supplied notifications?
The supplied text names the New India Assurance Company Limited, the Life Insurance Corporation of India, the Oriental Insurance Company Limited and the United India Insurance Company Limited.
Does the Gazette include a land-related notification?
The contents page lists a notification declaring a forest block in Nilakottai Taluk, Dindigul District, as reserved forest and appointing a Special Tahsildar as Forest Settlement Officer. The full provisions of that notification are not included in the supplied text.
