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This is an archive article published on February 7, 2024
IGR achieves target revenue of 85.88% till Feb 6
An official highlighted that stamp duty and registration fees constitute the state's third-largest tax revenue source.
1 min read
The IGR office, operating across 36 districts, plays a pivotal role in the effective implementation of various schemes and programmes, particularly concerning land-related matters. With significant citizen interaction, the state has also initiated steps to modernise all its 578 offices on the Public Private Partnership model.
Inspector General of Registration (IGR) and Controller of Stamps, under the Government of Maharashtra, has collected Rs 38,647.12 crore as revenue till February 6 which is 85.88 per cent of its targeted revenue of Rs 45,000 cr for 2023-24. It has registered over 22.98 lakh documents in this period.
An official highlighted that stamp duty and registration fees constitute the state’s third-largest tax revenue source.
In the fiscal year 2022-23, the targeted revenue was set at Rs 32,000 crore, and the department exceeded expectations earning Rs 44,602.79 crore, which is 139.38% of the revenue target by registering 25.76 lakh documents. In 2021-22, with an annual target of Rs 29,000 crore, the department collected Rs 35,171.25 crore, amounting to 121.28% of the revenue target, with 23.83 lakh documents being registered.
The IGR office, operating across 36 districts, plays a pivotal role in the effective implementation of various schemes and programmes, particularly concerning land-related matters. With significant citizen interaction, the state has also initiated steps to modernise all its 578 offices on the Public Private Partnership model.
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