(a) whether the sale of stamp paper in the capital has increased by five-six fold recently;
(b) if so, the reasons therefor;
(c) whether the people are facing a lot qf difficulty in purchasing stamp papers; and
(d) if so, the measures taken by the Government to deal with this situation?
MINISTER OF STATE IN THE MINISTRY OF LAW AND JUSTICE (SHRI K. VENKATAPATHY)
(a) (b) & (c): The Government of National Capital Territory of Delhi has informed that the revenue generation
has increased from Rs.452.58 Crore for 2003-04 to Rs. 673.04 Crore in 2004-05. The reasons for the increase are
(i) More property transactions, (ii) Easy accessibility/transparency of the system, (iii) Reduced rate of stamp duty for
women in registering the conveyance deeds (iv) Levy of stamp duty on registration of General Power of Attorney other
than blood relations since June 2004 and (v) Compulsory registration of Agreements to Sale. The Stamp papers are easily
accessible from Delhi Treasury. Further, it has been decided to sell them in selected bank branches also.
No complaints regarding difficulty in purchasing Stamp papers have been received.
(d): Does not arise.