Todar Mal's Bandobast was based on the following principles:
1. Land was divided into two categories: Khalisa land and jagir land. Khalisa land was land that was directly controlled by the Mughal emperor, while jagir land was land that was granted to nobles and officials in return for military service or other services.
2. A detailed survey and measurement of land was carried out. This survey was known as the Ain-i-Akbari, and it was the first comprehensive survey of land in India. The survey recorded the area, quality, and ownership of each piece of land.
3. Revenue rates were set based on the productivity of the land. The revenue rates were expressed as a percentage of the crop yield, and they varied from region to region and crop to crop.
4. Peasants were given a number of rights and protections under the Todar Mal's Bandobast. These rights included the right to cultivate their land, the right to sell their crops, and the right to be free from forced labor.
5. Todar Mal's Bandobast was a successful system of land revenue settlement. It generated a large amount of revenue for the Mughal empire, and it also protected the interests of the peasants. The system was in place for over two centuries, and it was only replaced in the 19th century by the British colonial government.
Todar Mal's Bandobast was a major achievement in public finance, and it had a lasting impact on Indian history. The system helped to create a more stable and prosperous economy, and it also laid the foundation for the development of a modern land revenue system in India.