Indian Stamp (Manipur Second Amendment) Bill passed in Assembly


IMPHAL, Aug 29:  The Indian Stamp (Manipur Second Amendment) Bill, 2011 has been passed by the Manipur State Assembly today. Moving the bill, Chief Minister O Ibobi stated that to avail more earnings for the state, the present system of stamp purchase for transfer of land and other property needs to be changed and upgraded pertaining to the proposed bill. By implementation of the said bill, the percentage for the transfer of property can be done with proper tax returns to the state exchequer.

Meanwhile, education minister DD Thaisii move in the house to pass the bill for institution of Chartered Financial Analysts of India University in the state has been differed and handed over to a central committee.

It was brought up by the minister that that in purview of the educated youths of the state and for creation of a new education centre which will be of utmost importance overall , that the house pass the bill submitted.

However, opposition MLA Radhabinod Koijam and Ng Bijoy addressed for amendment of the bill in the purview that the matter needs through deliberation as the private institution administration should be more or less controlled partly by the state. The proposed institute should be administered by a local of the state holding the status of vice chancellor, otherwise it would be futile for the state and the students alike if the responsible authority of the proposed institute sits in some other state for administration in regard to the law and order situation of the state. To further discuss the matter, the introduction of the bill was handed to a committee comprising of DD Thaisii, MLAs Ng Bijoy, O Joy, L Nandakumar and Radhabinod Koijam. 


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