Collections from stamp & registration up 15% in Jaipur

Finally, some good news for the cash-strapped state government. Collections from stamp duty and registration charges, a proxy for economic activity, have grown 15% in Jaipur the first seven months of the current financial year, riding on the revival of property transactions and increase in DLC rates. Similarly, revenues from liquor sales in Rajasthan have surged by 22% during April-November period. But the dampener has been the lower-than-expected royalty from oil. Income from stamp duty and registration charges increased to Rs 366.09 crore during the April-October period compared to Rs 318.88 crore in the same period last year.