Cheques are exempt from stamp duty under the Stamp Duty Act, 1899.

The Stamp Duty Act, 1899 serves multiple purposes, including regulating the use of stamps, generating revenue, and preventing forgery.

Sale deeds typically attract a stamp duty of 1% of the consideration amount.

Unstamped or insufficiently stamped instruments are generally admissible in court, but penalties may be imposed.

Progressive duty is not a type of stamp duty under the Stamp Duty Act, 1899.

The maximum stamp duty chargeable under the Stamp Duty Act, 1899 is 10% of the consideration amount.

Wills, powers of attorney, marriage certificates, and birth certificates are exempt from stamp duty under the Stamp Duty Act, 1899.

Stamps must be affixed on instruments within 30 days of their execution.

Both the person executing and receiving an instrument are jointly and severally liable for paying stamp duty.

Executing an unstamped or insufficiently stamped instrument can result in both fine and imprisonment.

Postal orders are not a method of paying stamp duty under the Stamp Duty Act, 1899.

The Stamp Duty Act, 1899 serves multiple purposes, including regulating the use of stamps, generating revenue, and preventing forgery.

Sale deeds typically attract a stamp duty of 1% of the consideration amount.

Unstamped or insufficiently stamped instruments are generally admissible in court, but penalties may be imposed.

Progressive duty is not a type of stamp duty under the Stamp Duty Act, 1899.