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uttamdas wankhede
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The purpose of the British Act in 1766 was to?
Declaratory Act, (1766), a declaration by the British Parliament that accompanied the repeal of the Stamp Act. It stated that the British Parliament's taxing authority was the same in America as in Great Britain. Parliament had directly taxed the colonies for revenue in the Sugar Act (1764) and the Stamp Act (1765).
How do you calculate the stamp duty on life insurance contracts in India?
Generally for an insurance contract there could be more than 1 covers. One mandatory and others optional i.e. Base cover (mandatory) and rider covers (Optional). Stamp duty is applicable only on base cover sum assured. Stamp duty is calculated as percentage (currently 0.02%, may chagne as per laws) of base cover sum assured. No stamp duty appliable on rider Sum assured.
What is a 5 cent 1946 Roosevelt stamp worth?
A 5-cent 1946 Roosevelt stamp is worth about $1, but it depends on the postmark and the design on the stamp. Some postmarks of this stamp could be worth $11 or more.
What is Stamp Duty in Mumbai?
It is a tax, similar to sales tax [VAT] and income tax collected by the government. Stamp Duty is payable under Section 3 of the Bombay Stamp Act, 1958. Different amount of Stamp Duty is payable for different type of documents as per Schedule-1 of The Bombay Stamp Act, 1958. Stamp Duty must be paid in full and on time. If there is a delay in payment stamp duty, it attracts penalty. A stamp duty paid document is considered a proper and legal document and as such gets evidentiary value and is admitted as evidence in the court. Document not properly stamped, is not admitted as evidence by the court.
Who should pay the Stamp duty for Loan Agreement - Bank or Loan applicant - Why?
The Home buyer has to pay a certain amount of money as stamp duty on the loan amount, which is known as stamp duty loan. Percentage of stamp duty loan depends on the value of the residential property that the buyer is buying. Paying stamp duty is compulsory while purchasing a residential property as its registration.
When new indian one rupee revenue stamp launched in which year?
2009
What is cost of revenue stamp in India?
I hope it is around 1 INR
In which year 20 paisa revenue stamp started in India?
1974
What is the name of India's Paper Currency?
The Stock Holding Corporation of India (SHCIL) has appointed the Vendors who can sale/print the stamp paper. Now various banks and institutions are also providing the Stamp Papers.Only Authorized Agents can sell the Stamp Paper.To know more visit to our website- edrafter.inThanks.
What is a Bill stamp?
A Canadian revenue stamp.
Is revenue stamp is required if the employer transfer the salary to employees saving account and not by way of cash as per Indian revenue stamp act?
No. Revenue stamps are applicable on cash payment.
Why you are using revenue stamp in bill of lading?
Bill of lading is legal contract document. Without revenue stamp it mere a contract and it has no legal document but after putting (affixing) revenue stamp it become legal. Government issues revenue stamps to collect the tax. by affixing revenue stamps on b/l, it shows that documentary tax is paid.
How can you buy Indian revenue stamp?
ebay
What was the tax of the stamp act?
it was a revenue tax
Pictures of Guyana postage and revenue stamps?
picture of Guyana postage and revenue stamp
What act of 1764 and the stamp act of 1764 and the stamp act of 1765?
to create revenue for the British government
What is the stamp duty act in India?
What was the year when stamp duty act passed in Maharashtra (INDIA) ?
