The switch from paper-based methods to digital stamping addresses multiple issues: it curbs the use of fake stamp papers, eliminates backdated agreements, and improves enforcement in courts.

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The London Standard’s new campaign to “unleash” the City’s capital markets can help keep up the momentum for change because London’s market decline isn’t inevitable – quite the reverse.

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Lucknow: A Delhi-based firm was accused of securing a 15-year lease by paying only Rs 100 towards the stamp duty, instead of the mandated Rs 63 crore..

However, the deal was inked on a stamp paper worth Rs 100 to facilitate the unregistered agreement between the company and the National Highways Authority of India for managing the toll.