PITB, Board of Revenue’s e-Stamping project corsses Rs 75m revenue figure

Author: Arsalan Haider

LAHORE: Board of Revenue (BoR) and Punjab Information Technology Board (PITB)’s joint flagship e-Stamping project has crossed all time higher figures of Rs 75 billion revenue collection until Friday, which is an unprecedented contribution towards the national economy throughautomation of the process.

PITB Chairman Dr Umar Saif reviewed the performance and progress of e-Stamping project on Friday in a meeting. The meeting was informed that total e-Stamp papers sold/ issued through this system were 2,887,739 in number out of which 2,648,362 were non-judicial and 239,377 were judicial e-Stamp papers. So far 4.7 million plus unique users have consulted e-Stamping System.

It may be recalled that the electronic stamp paper system was devised after replacing the 1899 colonial rule law after 117 andbrought historic change through technology in the province of the Punjab, which ensured transparency and raised record proceeds through a citizen friendly system and eliminating the fiscal drainage, fraud and malpractices of the past.

Dr Umar Saif said that the acceptance of the system by the masses acknowledged the citizens’ confidence in the technological interventions.

He directed the PITB officials to make arrangements in collaboration with Board of Revenue to launch e-Stamp papers less than worth of Rs 1,000.

Published in Daily Times, May 19th 2018.

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