Tamil Nadu Government Gazette, No. 5, Part II, Section 2 (5 II 2)
The Government of Tamil Nadu published this Gazette issue on 1 February 2017, containing G.O. (Rt.) No. 6, Commercial Taxes and Registration Department, dated 4 January 2017, consolidating stamp duty on policies issued by the Life Insurance Corporation of India, and G.O. (D) No. 3, Highways and Minor Ports Department, dated 11 January 2017, acquiring specified land in Salem. The land acquisition affects scheduled properties in Kumarasamipatti, Periyeri and Salem Town villages required for a road over bridge between Salem Market and Salem Town Railway Station.
What the Gazette contains
The Tamil Nadu Government Gazette, No. 5, Part II, Section 2 was published by the Government of Tamil Nadu on 1 February 2017. The supplied text contains notifications from the Commercial Taxes and Registration Department and the Highways and Minor Ports Department.
Consolidated stamp duty for insurance policies
G.O. (Rt.) No. 6, Commercial Taxes and Registration Department, dated 4 January 2017, provides for consolidated stamp duty on policies issued by the Life Insurance Corporation of India, Chennai, through its branches across Tamil Nadu.
Key provisions are:
- The consolidated duty is Rs. 4,20,00,000, described as Rupees Four Crore and Twenty Lakhs only.
- It applies to policies issued from 1 January 2017 to 31 March 2017.
- The notification was made under the Indian Stamp Act, 1899.
- The notification expressly concerns the Life Insurance Corporation of India and its Tamil Nadu branches.
Salem land acquisition
G.O. (D) No. 3, Highways and Minor Ports Department, dated 11 January 2017, acquires scheduled land for a road over bridge at kilometre 1/8 of Hasthampatty Cherry Road. The bridge is to replace existing level crossing No. 184 at railway kilometre 190/300-400 between Salem Market and Salem Town Railway Station.
Key provisions are:
- The acquisition covers scheduled land in Salem Taluk, within Kumarasamipatti, Periyeri and Salem Town villages.
- The stated total acquisition extent is 0.5217.5 square metres, a little more or less.
- The schedule identifies town survey numbers, acquisition survey numbers, classification, extent, recorded owners and affected buildings, walls, shops, trees or vacant land.
- The listed properties include parts of shops, multistorey and terraced buildings, compound walls, pathways, sheds and vacant areas along or near Cherry Road.
- Compensation is to be paid from funds controlled or managed by the Divisional Engineer (Projects), Highways Department.
- The acquisition plan is available for inspection at the office of the District Collector, Salem, during office hours.
Property owners, occupiers and buyers dealing with land in the listed survey numbers should check the schedule and acquisition plan to determine whether a parcel or structure is included.
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 the Salem acquisition apply to every property on Cherry Road?
No. G.O. (D) No. 3, Highways and Minor Ports Department, dated 11 January 2017, applies to the specific parcels and acquisition extents listed in its schedule.
Where can I inspect the land acquisition plan?
The plan is kept at the office of the District Collector, Salem, and may be inspected during office hours.
Who will fund compensation for the acquired Salem land?
The entire compensation amount is to be paid from funds controlled or managed by the Divisional Engineer (Projects), Highways Department.
Which insurance policies are covered by the consolidated stamp duty notification?
G.O. (Rt.) No. 6, Commercial Taxes and Registration Department, dated 4 January 2017, covers policies issued by the Life Insurance Corporation of India through its Tamil Nadu branches from 1 January 2017 to 31 March 2017.
