law: Indian Stamp Act, 1899 
  30. Obligation to give receipt in certain cases
  Any person receiving any money, exceeding twenty rupees in
  
  amount, or any bill of exchange, cheque or promissory note for an amount
  
  exceeding twenty rupees, or receiving in satisfaction or part satisfaction of a
  
  debt any movable property exceeding twenty rupees in value, shall, on demand by
  
  the person paying or delivering such money, bill, cheque, note or property,
  
  give a duly stamped receipt for the same.
   39  [Any person receiving or taking credit for any premium or
  
  consideration for any renewal of any contract of fire-insurance, shall, within
  
  one month after receiving or taking credit for such premium or consideration,
  
  give a duly stamped receipt for the same.]