What is 'e-stamping'? Also, discuss its benefits.
CS Executive · Economic and Commercial Laws · PYQS · December 2016
What is 'e-stamping'? Also, discuss its benefits.
Answer & Explanation:
E-Stamping is a computer based application and a secured way of paying Non-Judicial stamp duty to the Government. The benefits of e-Stamping are:- e-Stamp Certificate can be generated within minutes; e-Stamp Certificate generated is tamper proof; Easy accessibility and faster processing; Security; Cost savings and User friendly.
Topics: Stamp Act
Related Questions in this Topic
- In the following cases, state with reasons if the trust is created under The Trusts Act, 1882: A bequeaths certain pro...
- A made a gift of a house in favour of B and handed over the deed to B. But before presenting the same for registration A...
- An industry during manufacturing operation had caused major leakage of harmful gas and was ordered to be closed down by ...
- A sub-registrar refuses to register a document on the ground of undervaluation for stamp duty. The person aggrieved with...
- The Micro, Small and Enterprises Development Act, 2006 empowers the Central Government to constitute an advisory committ...