Notifications under the Indian Stamp Act (8 II 2 v6)
The Tamil Nadu Government Gazette, Part II, Section 2, dated 23 February 2022, published notifications by the Commercial Taxes and Registration Department under the Indian Stamp Act, 1899. These notifications fix consolidated stamp duty amounts for insurance policies issued by named insurance companies and offices for specified periods, and they also amend some earlier Gazette notifications by changing the duty amount or extending the period.
What this Gazette publication is
The Tamil Nadu Government Gazette, Part II, Section 2, dated 23 February 2022, carries notifications of the Commercial Taxes and Registration Department under the Indian Stamp Act, 1899. The Governor of Tamil Nadu provides for consolidated stamp duty for insurance policies issued by specific insurance companies and offices, and also amends several earlier Gazette notifications.
What it governs
These notifications deal with stamp duty on insurance policies, not land ownership, patta, registration of sale deeds, guideline value, or land classification. The publication names particular insurers, their branch or divisional offices, the consolidated duty payable, and the period covered.
Who it affects
This Gazette publication mainly affects:
- insurance companies and their named offices
- professionals dealing with stamp duty compliance
- anyone checking whether a particular insurer's policy issue period was covered by a consolidated duty notification
For most property buyers and land owners, this publication does not directly change rights over land or buildings.
Key notifications published
The Commercial Taxes and Registration Department published consolidated duty notifications for insurance policies issued by:
- New India Assurance Company Limited, Nungambakkam, Chennai-34
- New India Assurance Company Limited, Tondiarpet, Chennai-81
- Life Insurance Company of India, P and GS Unit, Divisional Office, Thanjavur
- Life Insurance Company of India, Divisional Office-I, Anna Salai, Chennai-2
- Life Insurance Corporation of India, P and GS Department, Chennai-2
- Life Insurance Corporation of India, Divisional Office, NB Department, Palayamkottai, Tirunelveli
- Life Insurance Corporation of India, Divisional Office, Coimbatore
- Life Insurance Corporation of India, Divisional Office-II, Anna Nagar, Chennai
- Royal Sundaram General Insurance Company Limited, Chennai-97
- Oriental Insurance Company Limited, Esplanade, Chennai
Amendments to earlier notifications
The Gazette also amends earlier notifications relating to:
- United India Insurance Company Limited, Chennai-4, by increasing the consolidated duty and extending the period up to 31st March 2022
- Cholamandalam Ms. General Insurance Company Limited, Chennai, by extending the period up to 30th April 2022 and increasing the consolidated duty
- Life Insurance Corporation of India, P and GS unit, Divisional Office Tirunelveli, by increasing the consolidated duty and extending the period up to 31st March 2023
- a notification for Anna Salai, Chennai, by increasing the consolidated duty
- a notification for Coimbatore, by amendment to an earlier Gazette notification
Why a property reader should care
A Tamil Nadu property buyer or owner would usually only need this publication for reference. It is a stamp duty administration notice for insurance policies, and the source text does not show any direct change to property registration procedure or land records.
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 notification change stamp duty on sale deeds or property registration?
The source text only covers consolidated duty for insurance policies under the Indian Stamp Act, 1899. It does not mention sale deeds, property registration procedure, patta, or land records.
Which insurance companies are named in these notifications?
The source text names New India Assurance Company Limited, Life Insurance Company of India, Life Insurance Corporation of India, Royal Sundaram General Insurance Company Limited, Oriental Insurance Company Limited, United India Insurance Company Limited, and Cholamandalam Ms. General Insurance Company Limited.
Are any earlier Gazette notifications amended here?
Yes. The source text says earlier notifications are amended for United India Insurance Company Limited, Chennai-4, Cholamandalam Ms. General Insurance Company Limited, Chennai, Life Insurance Corporation of India, P and GS unit, Divisional Office Tirunelveli, and other earlier notifications including Anna Salai, Chennai and Coimbatore references.
Does this publication directly affect a normal land buyer in Tamil Nadu?
For most land buyers, not directly. The source text is about consolidated stamp duty on insurance policies issued by named insurers and offices, not about transfer of land or buildings.
