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Rebate on Layout Regularisation Scheme fee extended up to May 31

2 months ago 5
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View of the Koheda layout connected  the metropolis  outskirts successful  Hyderabad connected  Friday, July 26, 2024, The State Government says it is preparing to instrumentality  layout regularisation strategy  (LRS) without causing immoderate  inconvenience to the people\

View of the Koheda layout connected the metropolis outskirts successful Hyderabad connected Friday, July 26, 2024, The State Government says it is preparing to instrumentality layout regularisation strategy (LRS) without causing immoderate inconvenience to the people\ | Photo Credit: Nagara Gopal

The Telangana authorities has issued orders yet again extending the deadline for outgo of interest with 25% rebate for the Layout Regularisation Scheme to May 31.

The authorities had already extended it twice, archetypal to April 30, and past to May 4. The archetypal deadline ended connected March 31 for the rebate strategy which was launched connected February 20 this year.

As per the archetypal announcement, a 25% rebate was announced connected the regularisation interest and unfastened abstraction charges if paid earlier the deadline, for the LRS announced successful 2020. Applicants were fixed the enactment of paying pro-rata unfastened abstraction charges astatine the clip of obtaining gathering permissions too, but they volition person to beryllium paid successful full, without 25% rebate.

A full 25.67 lakh applications were received from crossed the State successful effect for LRS, erstwhile it was archetypal notified successful 2020. However, the applications were not actively processed, nor proceedings were issued, shelving the full strategy for years.

The effect for the rebate connection is not precise enthusiastic. Only 5.19 lakh applicants availed the rebate up to April 30 deadline, which is simply a small implicit 20% of the full applications. The LRS proceedings were issued with respect to 40% of the applications for which interest outgo was made.

Though the authorities hoped to cod ₹20,000 crore by mode of the LRS interest payment, it could gain lone ₹1,863 crore, achieving little than 10% of the targeted revenue.

Published - May 14, 2025 08:39 americium IST

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