G.O. (Ms) No.46, Pooled Assigned Revenue to Rural Local Bodies, 2022
The Rural Development and Panchayat Raj Department issued G.O. (Ms) No.46 dated 30 March 2022, sanctioning and releasing Rs.850,37,21,990 in a single instalment as Pooled Assigned Revenue for 2021-22. The money comes from Surcharge on Stamp Duty proceeds due to Rural Local Bodies and is allocated between Rural Local Bodies, settlement of electricity charges owed to Tamil Nadu Generation and Distribution Corporation Limited, and priority rural development schemes.
What the government order does
G.O. (Ms) No.46 dated 30 March 2022 sanctions Rs.850,37,21,990 under Pooled Assigned Revenue for 2021-22. Pooled Assigned Revenue consists of revenue due to Rural Local Bodies from specified sources, including proceeds of Surcharge on Stamp Duty. Local Cess and Local Cess Surcharge have not been levied since 2009-10.
The full sanctioned amount is released in a single instalment. The Director of Rural Development and Panchayat Raj is authorised to draw and release the funds.
How the money is allocated
G.O. (Ms) No.46 approves the revised distribution proposed by the Director of Rural Development and Panchayat Raj:
- Rs.283,45,73,996, representing one-third of the total allocation, is assigned to the Rural Local Body portion.
- Within that portion, Rs.94,48,57,999 is to be released to Rural Local Bodies.
- Rs.188,97,15,997 is to be used as a one-time settlement of current consumption charges owed by Rural Local Bodies to Tamil Nadu Generation and Distribution Corporation Limited.
- Rs.566,91,47,994, representing two-thirds of the total allocation, is assigned to state schemes and priority works in rural areas.
The Rural Local Body share is divided between Village Panchayats and Panchayat Unions in the ratio of 67:33. Distribution is to follow the horizontal formula of the Fifth State Finance Commission.
Priority rural works
G.O. (Ms) No.46 transfers Rs.566,91,47,994 to the Fund for Priority Schemes in Rural Areas. The identified schemes and projects include:
- Construction of Panchayat Union office buildings.
- Anaithu Grama Anna Marumalartchi Thittam II.
- Construction of National Bank for Agriculture and Rural Development bridges.
- Formation of gasifier crematoriums.
- Procurement of vehicles for officials.
The source records that the full scheme component was committed to these projects, leaving no balance available in that component.
Who is affected
G.O. (Ms) No.46 directly concerns Village Panchayats, Panchayat Unions, District Collectors, the Director of Rural Development and Panchayat Raj, and Tamil Nadu Generation and Distribution Corporation Limited. District Collectors identify Village Panchayats with high outstanding electricity charges, and the Director scrutinises the lists. For property buyers and owners, the document concerns how Surcharge on Stamp Duty proceeds are pooled and used, rather than individual ownership, title or registration decisions.
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 G.O. (Ms) No.46 change the Surcharge on Stamp Duty payable on a property transaction?
The document does not specify or change a surcharge rate. It deals with pooling and allocating proceeds from Surcharge on Stamp Duty that are due to Rural Local Bodies.
Will property owners receive any payment under this allocation?
No individual payment to property owners is provided. The money is allocated to Rural Local Bodies, electricity charge settlements and priority rural schemes.
How will the Rural Local Body share be divided?
The share is divided between Village Panchayats and Panchayat Unions in the ratio of 67:33, using the horizontal formula of the Fifth State Finance Commission.
Which electricity dues can be settled from the pooled revenue?
Rs.188,97,15,997 is allocated for a one-time settlement of current consumption charges owed by Rural Local Bodies to Tamil Nadu Generation and Distribution Corporation Limited.
