Punjab Govt Introduces An E-Stamping System to Eliminate Fraud

To make life easier for its residents, the Punjabi government has introduced an e-stamping system. The buyer will receive the e-stamp papers after delivering the original CNIC.

The government has lost millions of rupees due to fake and counterfeit stamp papers; this action will reduce their prevalence.

Read: Impact of Technology on Real Estate Marketing 2022

The Punjab Board of Revenue stated on its website that the primary goal of the e-stamping system is to prevent paper and process-related fraudulent practices, leakage of government revenues, and store information in electronic form while also creating a central database to facilitate the verification process.

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