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The Indian Stamp Act of 1899 (2 of 1899), is an in-force Act of the Government of India for the charging of stamp duty on instruments recording transactions. [ 1 ] A India Rs. 2 stamped paper charged under the act in 1952
The stamped paper has been widely used around the world to collect taxes on documents requiring stampings, such as leases, agreements, receipts, court documents and many others. The papers are bought blank apart from the pre-printed stamp and are available from stationers, lawyers' offices, post offices and courts according to local regulations.
Not all medallion signature guarantee stamps are of equal value. A special coded prefix is given to each stamp, and this prefix determines how much monetary value can be guaranteed. For instance if the medallion signature guarantee is required for US$400,000 worth of value, at least a C prefix is required, which is good for up to $500,000 value.
The main e-stamping facility was opened on 3 July 2008 in New Delhi, India and was inaugurated by Chief Minister Sheila Dikshit.The goal of the e-stamp was to "prevent paper and process-related fraudulent practices" according to the SHICL chairman and managing director at that time, RC Razdan.
When the paper of the stamp is described, stamp catalogs often use words that are relative, such as thick and thin. This is done to describe the variations of the stamp's paper in a particular issue. Thick may be as much as 0.005 inches and thin as little as 0.001 inches, with medium somewhere in between.
This form of stamp duty affixed to digital documents such as PDF file in the form of special secure QR code developed by Perum Peruri. The digital document and its printed form is regarded as valid legal evidence according to Law No. 11/2008 on Information and Electronic Transactions (UU No. 11 Tahun 2008 Tentang Informasi dan Transaksi ...
Security printing is the field of the printing industry that deals with the printing of items such as banknotes, cheques, passports, tamper-evident labels, security tapes, product authentication, stock certificates, postage stamps, and identity cards.
There are two Security printing presses of SPMCIL, namely the India Security Press (ISP) at Nashik and the Security Printing Press (SPP) at Hyderabad. These presses print the 100% requirement of passports and other travel documents, non-judicial stamp papers, cheques, bonds, warrants, postal stamps, postal stationery, and other security products.