jan 1, 1717 - Farurukhsiyar's
Farman
Description:
- Magna Carta of the East India Company - significant privileges in Bengal, Gujrat & Hyderabad
- Bengal --> Company imports and exports were exempted from additional custom duties expecting annual payment of 3000 Rs
- The company can issue Dastaks i.e passes for the transportation of goods
- In Hyderabad, the company retained its existing privilege of freedom from duties in trade and had to pay the prevailing rent only for Madras
- In Surat, for an annual payment of 10,000 Rs, the East India Company was exempted from the levy of all duties
- It was declared that the coins of the company minted at Bombay were to have currency throughout the Mughal Empire
Added to timeline:
Date: