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What is a non-judicial stamp paper? Why is it required? What are differences between 10 Rs, 20 Rs, and 50 Rs non-judicial stamp papers?

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Stamp papers  that would be used for execution of documents are called  non judicial stamp papers Non-judicial stamp use to execute like following documents, Affidavit An immovable property agreement like rental agreement, lease agreement, Sale agreement Power of Attorney (POA), General power of attorney (GPA), Special power of attorney (SPA) Business agreements like partnership agreement, Investmnebt agreement, loan agreement, etc. There is no visible difference between 10Rs, 20Rs, and 50Rs non-judicial stamp paper, all non-judicial stamp papers look like same but the stamp duty amount differ (we circled stamp duty in below image for your consideration) For different document title, different stamp duty is application For Example : Affidavit: Rs. 20 stamp duty Rental agreement: Rs. 100 Lease agreement: Rs. 200/- Power of attorney: Rs. 200–500/- Sale agreement : 0.1% of consideration value Non-judicial stamp paper available near you at the following places Co-operative bank Co...

Can you share a sample affidavit for a birth certificate by parents in India?

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  Below is the sample affidavit issued by Mother Below is the sample affidavit issued by Father A notarized affidavit looks like the below image, If you don’t have birth certificate or correction in birth certificate, it is mandatory to get birth affidavit from both mother and father. especially for visa purposes. Below is the step by step procedure to make an affidavit Step 1:  Prepare affidavit draft in word format. Step 2:  Buy Rs. 100 Non-judical e-stamp paper from nearest co-operative bank, court or register office. Step 3:  Print the draft on Non-judical e-stamp paper. Step 4:  Carry printed affidavit and supporting documents. Meet the notary public near you. Step 5:  Parents should sign affidavit in front of notary public. Notary public seal and sign the affidavit. Register in notary book. This completes affidavit execution. We provide affidavit service with notary. Our service includes home delivery. To opt for our service, please Whatsapp to 9 7 4 ...

Suppose property value is 72L then what is the total cost of property including registry charges and GST and all charges in Bangalore?

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  Note the below cost sheet for the consideration value of Rs. 72 Lakh Apart from the above cost sheet, bribe may applicable at following points Sale agreement franking (approx Rs. 500–1000) Sale deed registration (ApproxRs.500 -5000) Property tax application (Approx Rs.2000–5000) khata transfer (Approx Rs. 3000–7000) Electricity name change (approx Rs. 500–1000) Note: Bribe rates are subject to document and person to person Please be noted , Both  bribe giving  and  bribe taking  are  offences  under Indian law (DO NOT PAY BRIBE IF ANY BODY OF THIS OFFICE ASKS FOR BRIBE OR IF YOU HAVE ANY INFORMATION ON CORRUPTION IN THIS OFFICE OR IF YOU ARE A VICTIM OR CORRUPTION IN THIS OFFICE YOU CAN COMPLAIN TO THIS HEAD OF THIS DEPARTMENT OR THE CHIEF VIGILANCE OFFICER AND THE CENTRAL VIGILANCE COMMISSION) We provide end-to-end property consultation which includes assisting market value of your property, registration charges, and location of sub-register office....

Can you buy property in India if you are not a citizen?

  Yes Foreign national resident in India can purchase any immovable property in India. This is because once he is a resident in India, he gets the rights like any other resident. This freedom is however not available to citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, and Bhutan. A foreign company that has established a Branch Office in India, in accordance with FERA / FEMA regulations, can also acquire immovable property in India. However, it must be necessary to carry on his/her business hence the whip is being cracked on those using this as a loophole to acquire residential property to live in or rent. Non-Resident Indians (NRI), whether Indian citizens or foreign citizens of Indian origin can own any number of property in India other than agricultural land/plantation property/farmhouse A foreign national of Indian origin is "any person who or either of whose parents or any of whose grandparents was born in India as defined in the Government of Indi...

Can I have rent agreement in the name of my parents to avail tax benefit?

Yes Those who live with parents, can pay rent to their parents and save tax on HRA. HRA or house rent allowance is the most common allowance received by the salaried. Those who live in parents house can maximize on saving tax through HRA. Ownership of the house:  Since rent is paid to owners, the property must be owned by your parents. It may be owned by one or both of your parents. Remember that you cannot be an owner or co-owner of this property since you cannot claim tax exemption on rent paid to yourself. Paying rent:  You can pay rent to your parents by transferring money to their bank account or pay via a cheque. This way you will be able to claim your HRA deduction properly. Rent agreement and rent receipts:  Usually employers ask for a copy of the rental agreement for their records. They can also request rent receipts to allow you HRA exemption. You can enter into a simple rent agreement with your parents. You can prepare rent receipts by creating a simple templat...

How do I do an affidavit for a lost and damaged passport?

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  Here is the step by step procedure to make an affidavit for lost & damaged passport Step 1:  Buy two non-judicial e-stamp paper from co-operative bank, court, or sub-registrar near you. (One for affidavit and another for annexure). Each stamp value Rs. 100/- Step 2:  Download the affidavit form. Here is the link  https://bit.ly/2MSg5ui Down load the Annexure form. Here is the link  https://bit.ly/2OxEmWX Step 3:  Fill in the required details in Affidavit and Annexure form Step 4:  Attach one non-judicial e-stamp with affidavit and another non-judicial e-stamp paper with Annexure Step 5:  Meet a notary public near you. Applicant should sign the affidavit and annexure in front of notary public. Step 6:  Notary public seal and attest the affidavit & Annexure. Notary public makes an entry in notary book This completes the execution of an affidavit and annexure for lost & damage of passport An attested affidavit looks like the below ...

Who will retain original copies of sale deed in case of multiple buyers and multiple sellers?

  Buyer retains the original copy of sale deed In the case of multiple buyers, a primary buyer should be chosen among the multiple buyers. Buyers should execute an affidavit that representing 1 among all the buyer. An affidavit must be notarized by notary public. For example: Buyer 1, buyer 2, and buyer 3 represent buyer 1 as primary buyer. So all the buyers execute an affidavit that buyer 1 represents all the buyers. Therefore buyer 1 is responsible to complete the further course of formalities like Khata transfer, name change in electricity board, and water board. Therefore buyer 1 name reflects in utility bills Buyer 1 holds the original sale deed and others can retain the certified copy. We provide the service of obtaining an affidavit and certified copy in Karnataka. To opt for our service, please WhatsApp to 9 7 4 2 4 7 9 0 2 0. Thank you for reading…