Tamil Nadu Government Gazette, No. 36, Part II, Section 2, 2 September 2020
The Government of Tamil Nadu published Tamil Nadu Government Gazette, No. 36, Part II, Section 2 on 2 September 2020, containing notifications from the Commercial Taxes and Registration Department and orders from the Home Department. Commercial Taxes and Registration Department G.O. (Rt.) Nos. 230, 239, 240, 242, 249, 254, 238, 241 and 245, dated between 18 July 2020 and 13 August 2020, consolidate or amend stamp duty payable for insurance policies issued by named insurance offices. Home Department G.O. Ms. Nos. 260 and 278, dated 28 July 2020 and 13 August 2020, concern forfeiture and award of police medals.
What the Gazette governs
The Tamil Nadu Government Gazette, No. 36, Part II, Section 2, published by the Government of Tamil Nadu on 2 September 2020, is a collection of notifications and orders rather than a general land law. The supplied pages mainly cover consolidated stamp duty for insurance policies and police medals.
Insurance policy stamp duty
The Commercial Taxes and Registration Department issued several notifications under the Indian Stamp Act, 1899. They allow specified insurance offices to pay consolidated duty for policies issued during fixed periods.
Key provisions include:
- G.O. (Rt.) No. 230, dated 18 July 2020, fixes consolidated duty of Rs. 4,00,000 for Oriental Insurance Company Limited, Coimbatore, from 1 June 2020 to 31 March 2021.
- G.O. (Rt.) No. 239, dated 28 July 2020, fixes Rs. 75,000 for New India Assurance Company Limited, Divisional Office, Chennai-2, from 1 June 2020 to 31 May 2021.
- G.O. (Rt.) No. 240, dated 28 July 2020, fixes Rs. 25,000 for listed divisional, branch and micro offices from 1 July 2020 to 31 December 2020.
- G.O. (Rt.) No. 242, dated 28 July 2020, fixes Rs. 25,000 for National Insurance Company Limited, Coimbatore Regional Office, from 1 April 2020 to 30 September 2020.
- G.O. (Rt.) No. 249, dated 4 August 2020, fixes Rs. 2,50,000 for New India Assurance Company Limited, Large Corporate and Broker Office, Chennai-2, from 1 April 2020 to 31 March 2021.
- G.O. (Rt.) No. 254, dated 13 August 2020, fixes Rs. 50,000 for named New India Assurance Company Limited offices from 1 July 2020 to 31 December 2020.
The Commercial Taxes and Registration Department also amended earlier notifications. G.O. (Rt.) No. 238, dated 27 July 2020, replaces Rs. 1,50,000 with Rs. 3,50,000 for Oriental Insurance Company Limited, Madurai. G.O. (Rt.) Nos. 241 and 245, dated 28 July 2020 and 31 July 2020, extend specified periods to 30 September 2020.
Police medal decisions
The Home Department issued G.O. Ms. No. 260, dated 28 July 2020, forfeiting the Tamil Nadu Chief Minister’s Constabulary Medal awarded to Thiru D. Soundararajan and stopping the monthly medal allowance immediately. G.O. Ms. No. 278, dated 13 August 2020, names five recipients of the Tamil Nadu Chief Minister’s Police Medal for Excellence in Public Service and provides each with Rs. 25,000 and a gold medal.
Effect on property readers
The supplied notifications do not change land ownership, property registration requirements or stamp duty for a land transaction. The stamp duty provisions are specifically for insurance policies issued by the named offices.
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 registering land?
No land transaction duty is changed in the supplied text. The Commercial Taxes and Registration Department notifications deal specifically with consolidated duty on insurance policies issued by named insurance offices.
Do the consolidated insurance duty amounts apply to every insurer in Tamil Nadu?
No. Each notification identifies particular insurance companies, offices and applicable periods.
What changed for Oriental Insurance Company Limited, Madurai?
Commercial Taxes and Registration Department G.O. (Rt.) No. 238, dated 27 July 2020, amended an earlier notification by replacing the consolidated duty amount of Rs. 1,50,000 with Rs. 3,50,000.
What happened to the medal awarded to Thiru D. Soundararajan?
Home Department G.O. Ms. No. 260, dated 28 July 2020, forfeited his Tamil Nadu Chief Minister’s Constabulary Medal and stopped the monthly medal allowance with immediate effect.
