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Revenue from user charges increases in Stamps and Registrations department by over Rs 12 crore
Hyderabad: With the introduction of cashless transactions to obtain
e-Challans, the Stamps and Registration Department earned Rs 28 crore through
user charges during the financial year of 2019-20. This resulted in an
increase of over Rs 12 crore against Rs 16 crore of user charges earned during
the previous fiscal of 2018-19 through e-Challans.
Earlier, citizens were forced to visit banks to obtain demand drafts towards
payment of e-Challans. However, the cashless transaction were introduced about
a year ago improving revenue earned through e-Challans considerably. The
e-Challans were mandated for obtaining certified copies, encumbrance
certificates, sale deeds, gift deeds, mortgage, release deed, Hindu Marriage
registrations and special marriage registrations among others from the Stamps
and Registration department.
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The Stamps and Registration Department earned more than Rs 6,300 crore revenue
during the 2019-20 fiscal. Though the revenues had suffered severely during
the lock-down, there has been an improvement in the situation after relaxing
the restrictions and permitting land registrations and other activities in
strict adherence to Covid-19 guidelines. The department has mopped up around
Rs 645 crore since April 1 this financial year.
Following the successful implementation of the e-Challan and cashless
transaction systems, the authorities are now planning to expedite paperless
registration process suggested by Chief Minister K Chandrashekhar Rao. Under
the proposed system, citizens should log-in to the Stamps and Registration
Department’s website to submit necessary documents for registration of lands.
Upon payment of necessary fee, the authorities will fix a time slot for the
land owners to visit the nearby sub-registrar office to register their
documents.
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