What is the price of stamp paper in India?

How much does a stamp paper cost in India?

The different Denomination of Non Judicial stamps Stamp papers are from Rs. 10, 20, 50,100, 500, 1000, 5000, 10000, 15000, 20,000, 25,000.

What is the value of Rs 50 stamp paper?

Stamp Paper of Rs. 20 for Special Power of Attorney. Stamp Paper of Rs. 50 for General Power of Attorney/Agreement.

How much is a stamp in rupees?

Stamp duty charges in various cities

States Stamp Duty Rates*
Karnataka 5% (Consideration Above Rs 35 lakh) 3% (Consideration between Rs 21-35 lakh) 2% (Consideration Less than Rs 20 lakh)
Kerala 8%
Madhya Pradesh 9.5 %
Maharashtra 5%

What is the value of 10 RS stamp paper?

First of all any agreement is valid on stamp paper of rupees fifty . Agreement on rupees ten is not valid. Rupees ten stamp paper is for affidavits and declarations only.

Is Rs 100 paper stamp necessary?

This agreement is not required to be either registered or on a stamp paper. It can be unregistered and on a plain paper. … Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law.

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What is the use of 1000 RS stamp paper?

Judicial Stamp Papers are used for transactions with judiciary in Civil and Criminal Courts. Their denominations can be Rs. 20, 50, 100, 500, 1000, 5000, and 25,000. Non-Judicial Stamp Papers are used for paying tax or any transactions concerning taxes.

Why is stamp paper required?

To execute the Sale Deed it has to be on a stamp paper. Such a stamp duty acts as transaction taxation and generates revenue for the government. Generally, a physical stamp is required to be part of the document to assert its legal validity. The stamp duty payment is mandatory for the legal claim to become valid.

What is the validity of a stamp paper?

The Court concluded by stating that there is no impediment in using a stamp paper which may have been purchased more than six months prior to its use in a document. Thus, as can be deduced from above, a stamp paper does not have any expiration date and can be used for execution of a document at any time.

What is stamp paper India?

A stamp paper is an A4 (foolscap) piece of paper that is pre-printed with a revenue stamp same as the one printed in currency notes or postal stamps. These stamp papers are generally issued by the Government and usually carry the certain value of Rs. 10, Rs. 20, Rs. 50, Rs.

What is the use of 20 RS stamp paper?

Stamp Paper of Rs. 20 for Special Power of Attorney. Stamp Paper of Rs. 50 for General Power of Attorney/Agreement.

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How do you get a 100 RS stamp paper?

The procedure is very simple, Locate E-stamp vendor near you. vendors are available near your local register office, local court, and in co-operative bank. Usually cooperative banks are not crowded and easy to access.