Regn.No. KERBIL/2012/45073 dated 05-09-2012 with RNI Reg No.KL/TV(N)/634/2021-2023 മകരള സർകാർ Government of Kerala 2025
മകരള ഗസറ്
KERALA GAZETTE
അസാധാരണം
EXTRAORDINARY
ആധികാരികാേയി ്പസിദറ്റപടുതുനത
PUBLISHED BY AUTHORITY
തിരുവനനപുരം,
2025 ജനുവരി 24 24th January 2025
ചവളി
നർേ
No. 231 വാലം 14 Vol. XIV
1200 കേരം 11 11th Makaram 1200 Thiruvananthapuram, Friday
1946 ാേഘം 4 4th Magha 1946
GOVERNMENT OF KERALA
Taxes (J) Department
ORDER
G.O.(P)No.5/2025/TAXES. Dated, Thiruvananthapuram, 23 rd January, 2025
10th Makaram, 1200
S. R. O. No. 69/2025
In exercise of the powers conferred by clause (b) of subsection(1) of section 9 of the Indian Stamp Act, 1899 (Central Act 2 of 1899), the Government of Kerala, hereby permit the Life Insurance Corporation of India to pay consolidated stamp duty of Rs.10,00,000 (Rupees Ten lakhs only) chargeable on account of stamp duty on policies of insurance to be utilized by the Pension and Group
2 Insurance Policies being issued by the said corporation at the rate of 20 paise each on every policy of insurance of face value of Rs.1,000 (Rupees One Thousand only) for the period from 1 st December,2024 until the exhaustion of the amount under the said Act, in the State of Kerala.
By order of the Governor, PATIL AJIT BHAGWATRAO IAS Secretary to Government
Explanatory Note
(This does not form part of the order, but is intended to indicate its general purport.) The Branch Manager, Life Insurance Corporation of India, Pension and Group Schemes Unit, Kozhikode has remitted Rs.10,00,000 (Rupees Ten lakhs only) being the consolidated stamp duty on policies of insurance being utilized by the Pension and Group Schemes Unit under the jurisdiction of Kozhikode Division in the State of Kerala for the Group Insurance Policies for the period from 1st December, 2024 until the exhaustion of the amount under the head of account "0030-Stamps and Registration Fees-02-Stamps-Non-Judicial-103- Duty on impressing of documents-99-Duty recovered under Indian Stamp Rules" vide Chalan No.KL031529210202425M dated 3rd January, 2025 in the District Treasury,Kozhikode and has requested for the issuance of necessary Government Order providing consolidation of duty to the Life Insurance Corporation of India, Kozhikode in the State of Kerala. The Government have examined the matter in detail and decided to allow the request.
The order is intended to achieve the above object.