News

e-Stamping System to be Implemented in KPK

Punjab Information Technology Board (PITB) and Khyber Pakhtunkhwa (KPK) Board of Revenue (BoR) have signed a Memorandum of Understanding (MoU) for the implementation of e-Stamping System in KPK at an event held at Arfa Software Technology Park.

PITB Chairman Azfar Manzoor, Senior Member KPK Board of Revenue Syed Zafar Ali Shah, and KPK Additional Secretary Finance Ammara Khan signed the MoU on behalf of their respective organizations. PITB’s DG e-Governance Sajid Latif, Director Hammad Hassan Hamdani, and representatives from KPK including Director Land Record KPK Mushtaq Hussain and Project Director e-Stamping KPK Shabbir Ahmed, and other senior officials were also present.

Speaking at the occasion PITB Chairman Azfar Manzoor said,

“PITB’s flagship project e-Stamping has achieved remarkable results across Punjab since its launch. A total of PKR 244 Billion of revenue has been collected through e-Stamping System in Punjab to date.” Azfar Manzoor further stated that PITB’s e-stamping system has revolutionized the traditional system and digitized the process of issuance of stamp paper for the convenience of the citizens. “Digitizing the issuance of stamp paper in KPK will increase revenue and bring transparency,” he added.

Senior Member KPK Board of Revenue Zafar Ali Shah commented that fraud, financial theft, and forgery, which were commonplace in the past, would now be eliminated through this system.

“The old system of obtaining stamp paper in KPK will be replaced with a modern tech-driven system. Implementing a modern system in the province with the help of PITB will bring transparency and eliminate corruption,” he stated.

Earlier on, PITB had also signed an MoU with the Government of Sindh in the same spirit and e-Stamping implementation is now underway in the province. The collection of stamp duty has been a major source of revenue for the Government of Punjab. The centuries-old process had major issues pertaining to citizen facilitation like leakage of revenue through fake and fraudulent practices. e-Stamping System has radically transformed the traditional procedure of stamp issuance minimizing the duration of issuance from 2-3 days to only 15 minutes.

Sponsored
Usman Aslam

A tech enthusiast, writer, researcher and strategist working on the latest technologies and making an impact. Usman has been heavily focused on building communities, empowering people through technological trends and advancements for over 3+ years including many notable names such as IEEE Region 10, TEDx, Google Developers, United Nations Programmes, Microsoft Partner Program and much more. Reach out: usman.aslam@techjuice.pk

Share
Published by
Usman Aslam
Tags: PITB

Recent Posts

Greentree Holdings Ltd Aims for 35% Stake in TRG Pakistan

AKD Securities, the manager of the offer, informed the main stock exchange on Monday that…

20 mins ago

PTV Faces Criticism Over Misleading Chemotherapy Statements

ISLAMABAD: On Pakistan Television (PTV), medical experts raised serious concerns over false information on chemotherapy…

49 mins ago

OpenAI Rolls Out Advanced Voice Mode for macOS ChatGPT App

OpenAI has introduced Advanced Voice Mode to ChatGPT's desktop applications for macOS apps, enabling users…

60 mins ago

Garena Free Fire India Launch Rumors: What Fans Need to Know

Reports suggest that Garena Free Fire is set to make a much-anticipated return to India.…

19 hours ago

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

23 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

1 day ago