Tamil Nadu Government Gazette Extraordinary No. 160, Part IV, Section 2
The Law Department of the Government of Tamil Nadu published Tamil Nadu Government Gazette Extraordinary No. 160 on 3 May 2024, containing Act Nos. 13 to 19 of 2024. The publication includes statewide changes to stamp duties, changes panchayat references from house tax to property tax, authorises panchayat staff or another government authorised person to prepare assessment registers, and repeals the law establishing the Tamil Nadu Puratchi Thalaivi Dr. J Jayalalithaa Memorial Foundation.
What the gazette contains
Tamil Nadu Government Gazette Extraordinary No. 160, published by the Law Department of the Government of Tamil Nadu on 3 May 2024, contains seven Acts passed by the Tamil Nadu Legislative Assembly. These are Act Nos. 13 to 19 of 2024, covering stamp duties, village panchayats, a memorial foundation, and Hindu religious and charitable endowments.
Stamp duty changes affecting property documents
The Indian Stamp (Tamil Nadu Amendment) Act, 2023, Act No. 13 of 2024, amends Schedule I to the Indian Stamp Act, 1899 throughout Tamil Nadu. It received the President's assent on 4 March 2024 and states that it comes into force at once.
Key provisions include:
- Several fixed stamp duty amounts are increased, including amounts for specified agreements, company documents, powers of attorney, settlements, transfers and trust property documents.
- A document covered by Article 17 is expressly included whether or not it involves a transfer of property, and its amount is increased from fifty rupees to one thousand rupees.
- For documents covered by Article 35, the chargeable amount now refers to an advance or security deposit, whether repayable or not.
- A power of attorney given without consideration to a family member to sell immovable property attracts one thousand rupees.
- A similar power given to a person who is not a family member attracts one rupee for every one hundred rupees, or part, of the property's market value.
- In any other case under the substituted power of attorney clause, the amount is one thousand rupees for each person authorised.
- A transfer of trust property between trustees, or from a trustee to a beneficiary of the same trust, attracts one thousand rupees or any smaller amount chargeable under the referenced clause.
- Certain family definitions are expanded to include the legal heirs of a deceased family member.
Property buyers and owners should check whether these changes apply to any agreement, power of attorney, settlement, transfer or trust document they intend to execute.
Village panchayat property tax records
The Tamil Nadu Panchayats (Amendment) Act, 2024, Act No. 14 of 2024, replaces references to house tax with property tax in specified parts of the Tamil Nadu Panchayats Act, 1994. It also provides for a Property-tax Assessment Register to be prepared every five years by village panchayat staff or another person authorised by the Government, rather than by Land Revenue Department staff.
Other Acts published
The publication repeals the Tamil Nadu Puratchi Thalaivi Dr. J Jayalalithaa Memorial Foundation Act, 2020. It also lists three further Tamil Nadu Panchayats amendment Acts and the Tamil Nadu Hindu Religious and Charitable Endowments (Amendment) Act, 2024.
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
Do the stamp duty amendments apply across Tamil Nadu?
Yes. The Indian Stamp (Tamil Nadu Amendment) Act, 2023 states that it extends to the whole of Tamil Nadu and comes into force at once.
What is the stamp duty for a power of attorney authorising a family member to sell immovable property?
When it is given without consideration and authorises a family member to sell immovable property, the amount is one thousand rupees.
What if the person authorised to sell the property is not a family member?
For a power of attorney given without consideration to a person who is not a family member, the amount is one rupee for every one hundred rupees, or part, of the immovable property's market value.
Does the panchayat amendment specify a new property tax rate?
No new property tax rate is stated in the supplied text. The Tamil Nadu Panchayats (Amendment) Act, 2024 replaces house tax terminology with property tax and changes who may prepare the Property-tax Assessment Register.
