The franking privilege refers to the ability for members of Congress to send out mail for free without postage. The franking privilege contributes to the incumbency effect by allowing incumbents the advantage of sending campaign information and promotions in the mail.

The franking privilege, which allows Members of Congress to transmit mail matter under their signature without postage, has existed in the United States since colonial times.

The franking privilege helps members of Congress because it allows them to mail letters and other materials postage-free. Also, Congress has provided its members with free printing- and through franking, the free distributions of speeches, newsletters, and the like.

Franking privileges—the ability to send mail by one’s signature rather than by postage—date back to the seventeenth-century English House of Commons. The American Continental Congress adopted the practice in 1775 and the First Congress wrote it into law in 1789.

“to be franked” is the prompt on most modern cash registers if a customer is paying by check. it tells the cashier to put it into their check reader (which does exactly what you describe) and then prints a bunch of crap on the back on the part where a person normally endorses a check to be a cashed.

In the past, stamps which had not been marked with an inky franking mark were often considered fair game to be used again – although the practice was technically illegal. A Royal Mail spokeswoman said: “Our sorting machines in our Mail Centres cancel stamps by applying marks and a logo.

Is franking mandatory? It is mandatory to pay stamp duty for a legal document and franking is one of the ways of getting the legal document stamped.

Only under Section 52 B(a) of The Bombay Stamp Act 1958, prescribed the period of six months from the date of purchase of Stamp Paper or delivery of Stamp Paper after which the Stamps become invalid and it can’t be used after that.

Any Franking machine license is valid for 5 years after date of License generation request. After 5 years License will automatically get expire. To renew your license you have to raise renew request for particular license and pay renewal fee for the same.

11. MUMBAI DISTRICT

A franking credit, also known as an imputation credit, is a type of tax credit paid by corporations to their shareholders along with their dividend payments. Australia and several other countries allow franking credits as a way to reduce or eliminate double taxation.

Franking, is a process of actually getting the documents stamped. This process includes getting the documents marked or stamped, indicating that the documents are legal and the stamp duty levied on the documents has been paid.

E-Stamping & Franking Services

1. Drop into the select counter and fill the prescribed form.
2. Pay the duty either through Cash/DD/Cheque.
3. Immediately collect the duty paid certificate.
4. Register the document at the sub-registrar office.

The charges that are involved in franking a document in Karnataka is 0.1% of the total purchase value. For example, a purchase of Rs. 80 lakh will attract a franking charge of Rs. 8000.

Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.

Sale Agreement even not registered is enforceable in Law, and shortage of stamp charges can be paid into with the courts order. Agreement is valid for three years from the date mentioned to execute. So file a suit to get the deed registered through court.

plain paper will is also valid, provided it is attested with two witnesses.

What is the stamp paper value of a contract agreement? For Karnataka / Bangalore: The standard stamp value is Rs. 100/-, execute the agreement in non-judicial stamp paper.

You can tell where letters come from because of the stamps on them. We put stamps on letters so the post office will post them for us. The money we spend on the stamps help to pay for the post offices and the vans & the post men é women who deliver the letters for us.

three years

A revenue stamp, tax stamp, duty stamp or fiscal stamp is a (usually) adhesive label used to collect taxes or fees on documents, tobacco, alcoholic drinks, drugs and medicines, playing cards, hunting licenses, firearm registration, and many other things.

Affixing of revenue stamp is necessary only if the amount on any of the receipt is for more than Rs. 5,000/-.

The best way of cancellation of revenue stamp is by sign over all the stamps in such a manner that signature extends even beyond the stamps. However, no need to affix revenue stamps for the receipts on withdrawals from bank account, as they are not in the nature of receipts defined under Indian stamp act 1899.

A revenue stamp is required to be affixed on rent receipts if cash payment is more than Rs. 5000 per receipt. If rent is paid through cheque then revenue stamp is not required. The rent receipts for all the months for which you are claiming HRA is required to be submitted.