What is stamp paper called?

foolscap
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.

What is the stamp paper value for partnership deed?

An important document in the above mentioned documents is a Partnership Deed. This deed, notarized on a Non-Judicial Stamp paper with minimum value of Rs. 200 or more and signed by all partners, is ‘THE’ charter or blueprint of the firm.

What are the different types of stamps?

What Kinds of Stamps Exist?

• Definitive Stamps. A definitive stamp (e.g., U.S. flag stamp) is issued year after year, and the quantity produced is not capped.
• Forever Stamps.
• Commemorative Stamps.
• Semipostal Stamps.
• Postage Meter Indicia.
• Mailing Permit Imprints.
• Customized Postage Indicia.

Is stamp paper a legal document?

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. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.

How many stamps are there in my stamp sheet?

12 stamps
Each sheet will have 12 stamps of Rs. 5/- denomination each with a blank space along side each stamp for printing of customer’s photograph.

What is the reason for stamp paper in partnership deed?

For creating a partnership deed, stamp paper is always to be purchased in the name of partners and the reason for stamp paper has to be mentioned as ‘ Partnership deed’. Both , the reason for stamp paper and also the names of partners should be mentioned on the stamp paper.

How to make a partnership deed?

The Partnership Deed must be imprinted on a Non-Judicial Stamp Paper for Partnership deed .partnership deed stamp paper Should Have estimation of Rs.100/ – or more. The Partnership Deed is normally marked within the sight of all the partners. Each of the accomplices would hold a Duplicate Copy for his/her partnership Deed.

What is the cost of partnership deed registration in India?

As there is no value attached to the partnership as such, the partners are required to pay only a nominal court fee and stamp duty, for the registration of the partnership deed. Each partner has to submit an affidavit on a stamp paper of Rs 10, iterating their intention to enter into a partnership.

How much is the stamp duty for partnership deed in Maharashtra?

Stamp duty for partnership deed in Maharashtra The stamp duty in Maharashtra and the selection of stamp paper for partnership firm registration depends on the fixed capital of the firm. If there is no sharing of contribution and the amount does not exceed INR 50,000: Stamp duty of INR 500