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Taxes

Stamp duties

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In the realm of finance, there exists a tax known as stamp duty. This tax is imposed upon the issuance of official documents, such as passports, property deeds, and contracts for the transfer of ownership. The method of levying this duty involves affixing a physical stamp onto the document itself. This tax, also referred to as stamp tax, is commonly used to generate revenue for the government and is a crucial aspect of financial planning and management.

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