22 February 2011
The threshold limit is enhanced to 5,000/- in the place of 500/-.Details as follows:- In view of the amendment of Schedule I, to the Indian Stamp Act 1899, the one-rupee stamp is required to be affixed on any receipt, the amount or value of which exceeds Rs 5,000. This amendment has come w.e.f. 10.09.04. The stamp is required to be affixed in respect of receipt which has been defined as in Section 2(23) of the aforesaid Act.
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