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Indian Stamp Act, 1899

The Indian Stamp Act of 1899 is a legal statute that requires the payment of a stamp duty to the local government in all real estate transactions. 

1. The amount of stamp duty is dependent upon the lease terms, rental payable or on the sale value depending upon the transaction.

2.  To make the payment of stamp duty, a non-judicial Indian Stamp Paper is purchased on which the sale or lease agreements are then documented. 

 


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