Sindh chief minister Syed Murad Ali Shah Tuesday has launched the E-Stamping system in the province.
The E-Stamping system has been launched with the joint collaboration of PITB, the Board of Revenue Government of Sindh, and the National Bank of Pakistan (NBP).
The launching ceremony was held at the Sindh CM House which was attended by Revenue Minister Makhdoom Mehboob, chief secretary, senior member board of revenue, the president of National Bank and others.
Addressing the ceremony, CM Murad Ali Shah said that the Stamp duty has been reduced to 1pc from 2 per cent. Terming the launch of the E-Stamping system in Sindh as a milestone, Shah added that digital technology is bringing revolution across the globe.
He said that the E-stamping challan can be obtained from the National Bank or online. The move will help the province in increasing revenue as the PPP’s government desire to expand the tax net.