USA HISTORY

Detailed explanation-1: -Stamp duty is paid as per the provisions of Section 3 of the Indian Stamp Act, 1899. Stamp duty is levied to boost revenue for local governments besides lending legality to a document.

Detailed explanation-2: -Stamp Act of 1765 (1765) The Stamp Act of 1765 was ratified by the British parliament under King George III. It imposed a tax on all papers and official documents in the American colonies, though not in England.

Detailed explanation-3: -Contents. The Stamp Act of 1765 was the first internal tax levied directly on American colonists by the British Parliament.

Detailed explanation-4: -Stamp Act. It taxed newspapers, almanacs, pamphlets, broadsides, legal documents, dice, and playing cards. Issued by Britain, the stamps were affixed to documents or packages to show that the tax had been paid.

Detailed explanation-5: -Revenue stamps are stamps used to designate collected taxes and fees. They are issued by governments, national and local, and by official bodies of various kinds.