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K'taka collected ₹15K cr addnl tax from stamps & registration
The New Indian Express Mangaluru
|December 19, 2024
Karnataka Revenue Minister Krishna Byre Gowda informed the Council that in the present fiscal year, the State Government has collected Rs 15,145 crore in additional tax from stamps and registration.
Replying to BJP MLC Shashil Nomoshi on Wednesday, the minister said that compared to last year, this year the government has decided to increase the revenue by 20%. Byre Gowda said that the government has achieved this after making efforts to bring transparency to the stamps and registration by introducing systems such as e-khata. He said that e-khata has been introduced to ensure that people do not prepare fake documents to buy or sell properties.
Admitting that some people are facing inconvenience in getting e-khatas as the new system has been introduced recently, he assured the Council that all issues will be sorted out soon.
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