If you want to reveal a document, you must print the agreement on plain paper. Before executing the contract (signing documents), you must take it to an authorized bank or frankie agency. They provide you with an application form. You must complete the form, pay stamp duty and stamp the document to indicate the amount of stamp duty paid. Everyone wants to know the difference between the franc and the printed papers. If true, NJS (Non Judicial Stamp) paper can be purchased from the stamp seller and later you can enter it. Due to the Telgi effect, Govt has made some changes. You first prepare a paper document and before you sign the parts, take it to the nominated branch of a bank paying stamp duty there and then the bank will put stamps on your document indicating the value of the stamp duty. This is called franquage.

While stamp duty is a tax you pay, outspokenness is the process that is followed to stamp your papers. Still puzzled? Explain it. There are several drawbacks if you want to use francisation to stamp your documents. Agents and franking banks ask you to pay the fee of francs in cash for small amounts and to pay orders for larger amounts. If you have to make a document legally binding, you must pay stamp duty. Most people who have received a home loan will be informed of these fees. But there is also what is called franking. It`s to make a document legal. But are they both equal? The answer is no. You may need to notify the bank in due course before the transaction is completed to ensure that you get the benefit of the francization. So the best way to get your document stamped is any method that is simple and comfortable in your condition. You should choose the method based on the rules of this particular agreement.

For some transactions, it can be easy to become French, while for others, electronic stamps can be comfortable. On the other hand, Franking is a process of sealing ownership documents. When an applicant goes to a bank or an approved payment agency, a mark or unit value indicating the payment of stamp duty is affixed to the contract document. Franking machines, which are usually installed in the sub-registrar`s office in the state, are used to secure documents. The frankie procedure replaced the earlier method of printing the agreement on non-judicial papers. But the trial opened doors to stamp paper fraud like the sensational case with Abdul Karim Telgi. Today, e-stempeling is also an alternative to francisation, which is error-free and controls counterfeits. When you buy a property, you have to pay a number of different fees to the government and facilitate the authorities in the form of taxes.

These include stamp duty and registration fees. There is another type of cost that must be paid during the real estate transaction, known as francisation fees. While most people confuse shelling with francisation, these are technically different terms. The advantage when francization is that it can be done very quickly if you pay the fee and stamp duty with cash or design the application. In other words, the francization tax is a tax that must be paid to the bank or agency for the stamp of real estate securities that serve as a legal proof for the payment of stamp duty. Loan contracts must also be frank. The francisation tax, of about 0.1%, must be paid beyond the land duties on the loan contract. This means that a total of 0.2% – at least – will be spent on authenticating your documents. A frankier machine is used for this. This machine uses a special adhesive pad to attach the pad to the document. You can sign or execute the document once the Francisation is complete. No, TDS is not applicable to frankier fees, as the Central Direct Taxes Council (CBDT) has granted an exemption from the source tax deduction (TDS) for certain payments made by companies/individuals in banking financial services.