Tamil Nadu Government Gazette, Part II, Section 2, Notifications dated July 27, 2016
The Tamil Nadu Government Gazette, Part II, Section 2, published on July 27, 2016, carries notifications issued by the Commercial Taxes and Registration Department, the Housing and Urban Development Department, and the Labour and Employment Department. It fixes consolidated stamp duty for certain insurance policies, sanctions and regulates a Tamil Nadu Housing Board area development scheme at Sholinganallur Phase III in Chennai District, and grants Employees' State Insurance Act exemptions to named milk co-operative bodies subject to conditions.
What this gazette contains
The Tamil Nadu Government Gazette, Part II, Section 2, published by authority on July 27, 2016, includes several notifications that may matter to insurers, home buyers in a Tamil Nadu Housing Board layout, and employers or employees in named co-operative milk organisations.
Insurance stamp duty notifications
The Commercial Taxes and Registration Department issued two notifications under G.O. (Rt.) No. 296, Commercial Taxes and Registration (J1), dated 30th June 2016, and G.O. (Rt.) No. 297, Commercial Taxes and Registration (J1), dated 30th June 2016.
Key points:
- Life Insurance Corporation of India, through its Southern Zonal Office, Chennai, is allowed consolidated stamp duty for issue of policies for the period from 1st July 2016 to 30th September 2016.
- The consolidated duty fixed is Rs. 2,00,00,000.
- New India Assurance Company Limited, through Divisional Office No. 713100, Chennai, is allowed consolidated stamp duty for issue of policies for the period from 1st June 2016 to 31st March 2017.
- The consolidated duty fixed is Rs. 30,000.
These notifications are relevant mainly to the named insurers and their policy issuance process.
Sholinganallur Neighbourhood Scheme, Phase III
The Housing and Urban Development Department issued G.O. Ms. No. 128, Housing and Urban Development (HB4), dated 5th July 2016, for an area development scheme at Sholinganallur Neighbourhood Scheme, Phase III, Chennai District.
Key points:
- The Tamil Nadu Housing Board scheme covers twenty two residential plots.
- The mix stated is six Higher Income Group II plots, eleven Higher Income Group III plots, and five Middle Income Group plots.
- The scheme cost is Rs. 82.80 lakhs.
- The Governor sanctions the scheme submitted by the Tamil Nadu Housing Board.
- The scheme is exempted from the provisions of section 49 of the Tamil Nadu State Housing Board Act, 1961.
- For the period during which the scheme remains in force, powers relating to receiving plans, sanctioning plans, regulating building construction, laying roads, underground drainage, water main electricity connections, and providing amenities to building owners will be exercised by the Managing Director of the Tamil Nadu Housing Board.
- Those powers would otherwise be exercisable by the Commissioner, Corporation of Chennai.
This matters to buyers or owners in this Sholinganallur Housing Board scheme because plan approval and related development control functions are placed with the Tamil Nadu Housing Board.
Employees' State Insurance exemptions
The Labour and Employment Department issued G.O. (D) No. 330, Labour and Employment (L1), dated 23rd June 2016, and G.O. (D) No. 331, Labour and Employment (L1), dated 23rd June 2016.
Key points:
- M/s. Sivagangai District Co-operative Milk Producers Union Limited, Karaikudi, is exempted from the operation of the Employees' State Insurance Act for the period from 01.04.2016 to 31.03.2017.
- Tamil Nadu Co-operative Milk Producers Federation Limited, Chennai, is exempted from the operation of the Employees' State Insurance Act for the period from 01-02-2008 to 31-01-2009.
- In both cases, the employer must maintain a register showing the names and designations of exempted employees.
- Employees continue to receive benefits to which they became entitled based on contributions paid before the exemption started.
- Contributions already paid for the exempted period will not be refunded.
- Returns for the relevant period must still be submitted.
- Social Security Officers or authorised officials may inspect records, seek information, enter premises at reasonable times, and examine relevant persons for verification and compliance purposes.
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
I am buying a plot in Sholinganallur Neighbourhood Scheme, Phase III. Who handles plan approval and development works there?
For the period during which the scheme remains in force, the Managing Director of the Tamil Nadu Housing Board will exercise the powers for receiving plans, sanctioning plans, regulating construction, laying roads, underground drainage, water main electricity connections, and providing amenities.
Does the gazette notification create a Housing Board scheme in Sholinganallur?
Yes. G.O. Ms. No. 128, Housing and Urban Development (HB4), dated 5th July 2016 sanctions the Tamil Nadu Housing Board area development scheme at Sholinganallur Neighbourhood Scheme, Phase III, Chennai District.
Does this gazette affect ordinary property registration charges for everyone?
The Commercial Taxes and Registration Department notifications shown here deal with consolidated stamp duty for issue of policies by Life Insurance Corporation of India through its Southern Zonal Office, Chennai, and by New India Assurance Company Limited through its Divisional Office No. 713100, Chennai. The text does not say that they change general property registration charges.
If an Employees' State Insurance exemption is granted to a milk co-operative, do employees lose earlier benefits?
No. The notifications say employees shall continue to receive benefits under the Employees' State Insurance Act to which they became entitled on the basis of contributions paid before the exemption started.
