Now, AI to calculate stamp duty for sale deeds in Goa

PANAJI: The state government has decided to upload the market price of land parcels on its sub-registrar portal. Once up, artificial intelligence will automatically generate the amount that needs to be paid as stamp duty by anyone who wishes to execute a deed of sale, law minister Nilesh Cabral told TOI.

Cabral said that at present, the public faces some difficulties to execute deeds of sale. He added that the government will upload the market price for each survey number.

At present, two departments are involved in the collection of stamp duty - revenue and law. The land price, however, is determined by the revenue department.

Cabral said that in some cases, deeds of sale have to be referred to the collector for determination of land price. "Revenue minister Atanasio 'Babush' Monserrate and I are working to upload the government-specified land price," he told TOI. "Our (law) department's role is to develop artificial intelligence (AI), and the rate would automatically be changed every year based on the recommendations of the revenue department."

Cabral also said that this would reduce human intervention in executing deeds of sale. After Punjab, Manipur, and Andaman & Nicobar, Goa is the fourth state or Union territory to adopt the national generic document registration system (NGDRS). The NGDRS has been developed by NIC under the Union ministry of electronics and information technology, and is being implemented at a cost of Rs 40 crore across the country.

The system aims to improve ease of doing business in Goa. As citizens upload documents, they get serial numbers, so they can be served on a first-come first-serve basis. NGDRS was first started in Quepem taluka and then was introduced in all 12 taluka sub-registrar offices