Saturday, 24 December 2011
Rs 8,000 crore in 3 months?
The Stamp Duty authorities have fallen short of their target for 2011 by a whopping Rs 8,000 crore. While the Stamp Duty and Registration offices were given a target of Rs 16,000 crore for the current year (for the entire state), till November 2011 the officials managed to collect just Rs 8,000 crore. According to the officials, there are numerous reasons for this shortfall, but the prime one is the thinning out of documentation itself.A senior revenue official revealed that between January and November 2010, approximately
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