On Friday, a high-level meeting took place in Lahore which was chaired by the Chairman of Punjab IT Board, Dr. Umar Saif. During the meeting, PITB’s chairman said that the board’s flagship project, E-Stamping has generated a revenue of a whopping Rs30.24 billion in the last 12 months – which is a record.
While addressing the meeting, he revealed that as many as 1.2 million people have visited the website of E-Stamping. Previously, the revenue used to get generated through the sale of stamp papers. The citizens had to wait in the long queues to wait for their turn to get hold of the stamp. It was a tiresome, extensive and a time-consuming process. The revenue in the region, through this manual set up was somewhere between Rs20 to Rs22 billion.
E-Stamping – A revolutionary project
According to Dr. Umar Saif, E-Stamping is a revolutionary project. It has surely brought about significant change in the province of Punjab through the help of technology. It is pertinent to mention that E-Stamping has replaced a 117-year old system with an advanced, ground-breaking and technology based system.
This new system will enable to generate more revenue besides maintaining transparency. Moreover, the accountable and effective system will also minimize all the possible chances of financial depletion.
Anyone can access the website of E-Stamping online. In addition, if anyone is interested in securing high value judicial and non-judicial stamp paper then he is just one click away to get hold and verify the e-stamp paper. As per the chairman of PITB, this newly introduced system has enabled a layman to validate the authenticity and the value of the e-stamp paper by sending an SMS to 8100.