Question
Under Section 10 of the Indian Stamp Act, the rules may
regulate various aspects of stamp usage. Which of the following is not one of the aspects that may be regulated?Solution
Explanation: Section 10. Duties how to be paid: (2) The rules made under sub-section (1) may, among other matters, regulate--(a) in the case of each kind of instrument--the description of stamps which may be used;(b) in the case of instruments stamped with impressed stamps--the number of stamps which may be used;(c) in the case of bills of exchange or promissory notes the size of the paper on which they are written.
Out of her monthly income of Rs. 25,000, Priya spent (Q - 10)% on rent, (Q + 15)% on others and saved Rs. 4,500. Find Q% of her monthly income.
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