Haryana Government has collected a revenue of more than Rs 4,265.18 crore as stamp duty and registration fee during the fiscal year 2017-18 as against the collection of Rs 3,260 crore in 2016-17, thus registering an increase of over Rs 1,005 crore.
Finance Minister Capt. Abhimanyu on Tuesday said that this increase in the revenue is in-spite of the slowdown in transactions of immovable property.
Capt Abhimanyu said there has been a record increase in the revenue from stamp duty and registration fee so far in the State. This has been achieved, despite market stagnation as there has not been commensurate increase in the total number of deeds.
The stamp collection in the year 2017-18 is the highest so far in the history of Revenue Department, he added.
He said that this increase in revenue collection could be made possible due to regular monitoring and key reforms in land records management and deed registration. During the last one year, the government has carried out a number of reforms with an aim to bring hundred per cent transparency in deed registration, zero tolerance and hassle free services to the citizens, said the Minister, who also holds the charge of Revenue Department.
Elaborating about the reforms, he said that new registration system has been implemented in all tehsils and sub-tehsils of the state through E-disha from February 3, 2015, which has resulted not only in saving the time of applicants but also helped in keeping a tab on corruption.
Capt Abhimanyu said that under this system, the applicant could get the registry through post within three days.
The e-stamping system has been implemented in the state with effect from May 2, 2015, which has helped in increasing the revenue and also put a check on corruption.
The Department has fixed two days i.e. 12 and 26 (working days) of every month for bringing the mutation to zero. As a result of this, today there is zero pendency of mutation in the state, he added.