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of <h1>Finance Act 1985 Amends Indian Stamp Act 1899, Raising Stamp Duties for Articles 14 and 37 Effective July 1, 1985.</h1> The Finance Act of 1985 amends the Indian Stamp Act of 1899, specifically Schedule I, effective from July 1, 1985. In this amendment, the stamp duty for article No. 14 is increased from 'Twenty-five naye paise' to 'One rupee,' and for article No. 37, the duty is raised from 'One rupee' to 'Two rupees.' These changes reflect an adjustment in the stamp duty rates applicable to certain transactions as specified in the schedule.
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