PITB’s FLAGSHIP PROJECT e-Stamping CROSSESRS 60 Billion


PITB’s FLAGSHIP PROJECT e-Stamping CROSSESRS 60 Billion
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February 14, 2018

Punjab Information Technology Board (PITB) & Board of Revenue’s Joint flagship e-Stamping project has touched all time high figure of Rs. 60 billion i.e. Rs. 60,519, 903,846/= till today, which is an unprecedented contribution towards the national economy throughautomation of the process. Dr. Umar Saif founding Vice Chancellor of Information Technology University and Chairman PITBsaid while reviewing the performance of e-Stamping project here today.
Total e-Stamp papers (Judicial – non judicial) that have been issued through this system are23,32,545 out of which21,45,384 are non-judicial and1,87,161arejudicial 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 andbrought 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 eStamp papers less than worth of Rs. 1000/-, which in volume stands to 5 % 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.
eStamping system has saved the common citizen from fraud, forgery, agent mafia, long queues in the treasury office and the banks as the duration of receiving Stamp papers has been reduced from three days to fifteen minutes, which is now operative in the 36 districts and 144 tehsils of the Punjab Province.