Legal Question in Employment Law in India
when did 20paisa revenue stamp in maharashtra(Domestic area) has stopped n when did 100paisa revenue stamp has started in maharashtra?????
Asked on 1/04/16, 1:06 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
04.01.2016
Dear Sir / Madam,
The recommendations of the Eighth Finance Commission were examined by
the Finance Ministry in the light of the comments received from the State Governments. In
pursuance o f this examination. Stamp Duty on bills o f lading was raised from 25 paise to Re
1 and on letters o f credit from Re 1 to Rs 2 through the Finance Act 1985. A detailed reading follows in the link below :
http://www.nipfp.org.in/media/medialibrary/2014/10/ECONOMIC_REFORMS_AND_THE_STAMP_ACT.pdf
Regards,
Answered on 1/04/16, 1:34 am
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