What is the value of 20rs bond paper

408 votes

The stamp duty on non-judicial stamp paper varies from state to state in India and is generally based on the value or nature of the transaction for which the stamp paper is being used. The stamp duty rates for non-judicial stamp paper are specified in the Indian Stamp Act, 1899, and the stamp duty rates may be revised from time to time by the respective state governments.

In Delhi, the stamp duty rates for non-judicial stamp paper are as follows:

• For declarations, undertakings, affidavits, etc. - Rs. 10

• For special power of attorney - Rs. 20

• For general power of attorney/agreement - Rs. 50

• For indemnity bond and guarantee bond - Rs. 100

A special power of attorney is a type of POA that grants the agent the power to act on behalf of the principal for a specific purpose or in a specific matter. For example, a person may grant a special power of attorney to someone else to sell a property on their behalf, to make decisions about their medical treatment, or to handle their financial affairs while they are out of the country.

It is important to note that stamp duty is a legal requirement for certain transactions in India, and failure to pay stamp duty can result in legal consequences.�

LawRato LawRato

986 votes

Non Judicial Stamp paper and Legal Paper (Plain Paper) both are the different terms in aspect of their nature. On Non Judicial Stamp Paper Magistrate never write the decision of the Case, though Magistrate write the decision on the Legal Paper (Plain Paper). That is why it is called as Non-Judicial Stamp Paper.The Paper which not be considered as Judicial. Why Non Judicial Stamp Paper is required and What is the differences between 10 Rs, 20 Rs, and 50 Rs non-judicial stamp paper ? The Government collects the revenue through the sale of Non-judicial stamp paper. For each Article there is a Separate stamp duty like - Stamp Paper of Rs. 10 used for Affidavit, Declaration, Undertaking etc. Stamp Paper of Rs. 20 for Special Power of Attorney. Stamp Paper of Rs. 50 for General Power of Attorney/Agreement. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.

Advocate Siddhant Sharma LawRato