Punjab to introduce e-stamping to curb revenue leakage

New Delhi News.Net Thursday 21st August, 2008 (IANS) To revamp the present system of collection of stamp duty and plug the leakage of revenue, the Punjab government Thursday announced that it would soon introduce e-stamping in the state. This decision was taken here at a meeting chaired by Punjab Chief Minister Parkash Singh Badal Thursday after a detailed presentation made by Arvinder Singh Bains, the director of land records settlement, consolidation and land acquisition. Badal said that the e-stamping system would be applicable for all non-judicial stamp duty payments and was likely to be launched as a pilot project from the major cities of Punjab. He hoped that e-stamping, being an excellent example of how technology could be used for the benefit of common man, would be a frontrunner in the upcoming e-governance projects... [read full story]