E-Stamping system officially launched

STAFF REPORT LHR: In order to ensure the deceit-free real estate and other business transactions in Punjab; a flagship project of e-stamping has been introduced by Punjab Information Technology Board (PITB). An orientation ceremony was held at DHA to acquit real estate agents and other stakeholders with the system. PITB has also constituted a team led by Sajid Latif, Director General e-governance to regularly conduct training sessions to familiarize and disseminate information about the system to communize it.

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Chairman PITB, Dr Umar Saif also mulls to introduce plastic money based duty payments instead of hard cash that will ensure the secure transactions.

The e-stamping system will facilitate citizens through convenient web and SMS based verification methods. The system will greatly abet in stemming fraudulent practices that are observed often in business deals.

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