AIRLINK 191.54 Decreased By ▼ -21.28 (-10%)
BOP 10.23 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.69 Decreased By ▼ -0.31 (-4.43%)
FCCL 33.02 Decreased By ▼ -0.45 (-1.34%)
FFL 16.60 Decreased By ▼ -1.04 (-5.9%)
FLYNG 22.45 Increased By ▲ 0.63 (2.89%)
HUBC 126.60 Decreased By ▼ -2.51 (-1.94%)
HUMNL 13.83 Decreased By ▼ -0.03 (-0.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.35 Decreased By ▼ -0.58 (-8.37%)
MLCF 42.10 Decreased By ▼ -1.53 (-3.51%)
OGDC 213.01 Increased By ▲ 0.06 (0.03%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 40.30 Decreased By ▼ -0.87 (-2.11%)
PIAHCLA 16.85 Increased By ▲ 0.02 (0.12%)
PIBTL 8.25 Decreased By ▼ -0.38 (-4.4%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 182.89 Decreased By ▼ -0.14 (-0.08%)
PRL 38.10 Decreased By ▼ -1.53 (-3.86%)
PTC 23.90 Decreased By ▼ -0.83 (-3.36%)
SEARL 93.50 Decreased By ▼ -4.51 (-4.6%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.85 Decreased By ▼ -1.88 (-4.51%)
SYM 18.44 Decreased By ▼ -0.42 (-2.23%)
TELE 8.66 Decreased By ▼ -0.34 (-3.78%)
TPLP 12.05 Decreased By ▼ -0.35 (-2.82%)
TRG 64.50 Decreased By ▼ -1.18 (-1.8%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 3.96 Decreased By ▼ -0.07 (-1.74%)
BR100 11,697 Decreased By -168.8 (-1.42%)
BR30 35,252 Decreased By -445.3 (-1.25%)
KSE100 112,638 Decreased By -1510.2 (-1.32%)
KSE30 35,458 Decreased By -494 (-1.37%)

Punjab Information Technology Board (PITB) & Board of Revenue's Joint flagship e-Stamping project has touched all time high figure of Rs 60 billion till date, which is an unprecedented contribution towards the national economy through automation of the process. Dr Umar Saif founding Vice Chancellor of Information Technology University and Chairman PITB said while reviewing the performance of e-Stamping project here Wednesday. Total e-Stamp papers (Judicial - non judicial) that have been issued through this system are 23, 32,545 out of which 21, 45,384 are non-judicial and 1, 87,161 are judicial e-Stamp papers.
Dr Umar Saif, said that the project which has replaced 117 years old Stamp paper system introduced in 1899 in the Sub-Continent during the British colonial rule and brought historic change through technology in the province of the Punjab by ensuring transparency and raised record proceeds through a citizen friendly system and eliminating the fiscal drainage and malpractices of the past. The outstanding achievement of this project was a proof of trust and confidence reposed by the people through acceptance of the automated service, equally beneficial for the masses, the government and the country at large, he added.
He directed the PITB officials to speed up the process to ensure timely launch of e-Stamp papers less than worth of Rs 1000, which in volume stands to 5 percent of the whole activity. PITB's e-Stamping team has conducting refresher trainings for Sub Registrars and Revenue Officials in all over the Punjab with an aim to tackle counterfeiting and verification of duties using e-Stamping System, the meeting was informed.

Copyright Business Recorder, 2018

Comments

Comments are closed.