DC chairs meet to revive stamp duty rates

DC Khalid Jahangir chairing a meeting at Kupwara.
DC Khalid Jahangir chairing a meeting at Kupwara.

Excelsior Correspondent
SRINAGAR, Mar 2: A meeting to discuss revision of stamp duty rates for district Kupwara was held under the chairmanship of Deputy Commissioner (DC) Kupwara Khalid Jahangir.
Additional Deputy Commissioner Handwara, Assistant Commissioner Revenue Kupwara, Executive Engineers R&B Division Kupwara and Handwara, DFO’s, DFO Social Forestry, officials of Municipal Committee Handwara and Kupwara, Chief Horticulture Officer, Chief Agriculture Officer and Tehsildars attended the meeting.
It was informed that the Sub-Divisional Level Committees have to collect data about prevailing market rates of land and property and furnish the same to the District Level Committee for consideration and making of appropriate recommendation to the Divisional Commissioner for finalization of same rates.
Deputy Commissioner directed all the Sub District Level Committees to immediately finalize their reports after taking into consideration all the parameters and latest sale deed registered including prevailing market rate in their respective areas.
He also directed the Sub Division Committees to bring the stamp duty rates as for as possible in alignment with market value rate so that process of land acquisition for various developmental activities does not get delayed due to various issues.
He directed the Sub- Division Level Committees to furnish the report by March 5, so that the recommendation District Level Committee are concertized and formulated to the Divisional Valuation Board within the stipulated time frame.