The Karnataka Stamps (Amendment) Bill of 2023 was successfully passed during the Belagavi Winter Session on December 11 which proposed a hike in the Stamp duty. Revenue Minister Krishnabyre Gowda has acknowledged that only 10% of the income is generated from stamps in the registration department....
Memorandum of Association which is essentially drawn at the time of company registration and Company incorporation requires being given a legal recognition by paying a prescribed Stamp Duty
Two notices were sent to OCL onJuly 22and23,2024, respectively, concerning the taxes the company has to pay to the New Delhi Government for the transfer of securities. The company was fined Rs. 370 and Rs. 250 for not paying stamp duty aggregating to Rs. 244 for 5,151 equity...
Franking of document is similar. You have to submit an application at an authorised bank or a franking agency. The document for which stamp duty is to be paid is printed on plain paper, before the parties sign it, and a stamp is affixed on the paper indicating the value of the stamp d...