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State of Madhya Pradesh - Section

Section 38 in The M.P. Janpad Panchayats (Accounts) Rules, 1999

38. Payees acknowledgments.

- Every voucher shall hear payee receipt. In case of the payment for an amount of Rs. 500/- or more a Revenue stamp of rupee one or such amount as may be prescribed under the Indian Stamp Act shall also be affixed.