Posted: Posted Date – 5:33 PM, Sat – Apr 16, 22
Kothagudem: Revenue from the Registration and Stamps service in the district increased in fiscal year 2021-2022 compared to the prior fiscal year. The department has earned Rs 57.50 crore from registration of documents in four tax divisions, Kothagudem, Yellandu, Bhadrachalam and Burgampad in the district. Revenue for the financial year 2020-21 was Rs 16.85 crore, Kothagudem Deputy Registrar G Ram Kumar has informed.
Since Kothagudem is an agency district, land eligible for registration was located only in Kothagudem, Paloncha, Sujatha Nagar, Dammapet and Aswaraopet mandals. Sub-registration offices in other mandals could carry out transactions such as registration of inherited land, marriage registrations, transfers and others. According to Ram Kumar, the department registered almost 9473 documents to earn Rs 57.50 crore. In Kothagudem division, up to 8, 807 documents were registered to earn an income of Rs 47.23 crore. In Yellandu division, 1322 documents were registered through which revenue of Rs 8.52 crore was earned.
The regularization of SCCL land under GO 76 led to an increase in the department’s revenue in 2021-22 compared to 2020-21. Although deeds of transfer issued by the local tahsildar office were registered for a nominal fee prescribed by the state government, residents subsequently sold their lands after their lands were regularized. Kothagudem tahsildar PV Ramakrishna informed that no less than 4014 transfer deeds were issued to those who applied for land regularization and majority of them were registered at the local sub-registry office.
With the government’s introduction of an online challan payment system, the land registration process has become easier for the public. Steps have been taken to conduct all check-ins smoothly and seamlessly, Ram Kumar told Telangana Today.
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