Chandigarh, June 1 (IANS) In a remarkable decision to bring far more efficiency and check the pilferage of state revenue, the Punjab government on Wednesday announced to abolish the physical stamp papers.
The stamp paper of any denomination can now be obtained via e-stamp i.e. computerised print-out from any stamp vendor or from banks authorised by the government.
After launching the facility, Punjab Revenue Minister Bram Shanker Jimpa said earlier the e-stamping facility was applicable only to value of above Rs 20,000. "We are extending this facility to stamp papers for all denominations starting from Re 1," he said.
The decision taken by the government will at least save Rs 35 crore annually, which was incurred on printing of stamp papers, besides facilitating the public to obtain stamp papers in a hassle-free manner.
He said most of the time the public had to face difficulty in getting the stamp paper when it was not available with the stamp vendor or had to purchase at higher prices.
The minister said the government will pay a commission of two per cent to the stamp vendors on e-stamps ranging from Re 1 to Rs 19,999, while the public would get stamp paper at actual rate, for instance, they will have to pay only Rs 100 for stamp paper of Rs 100 and no extra commission will be levied.
This step will also help in curbing the stamp paper-linked frauds, he added.
Secretary Revenue Manvesh Singh Sidhu said this facility has been started with the help of National e-Governance Services Ltd. With the launch of the facility, the people will have no need to go anywhere and they can avail these facilities in banks.
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According to officials at Force's Headquarters here, on Wednesday's evening, the troops deployed on the BoP observed some suspicious movement ahead of Border fencing from the Pakistan side in the area of KS Wala under Ferozepur sector. The intruder crossed IB and entered into Indian Territory.
The company, which announced a $10 billion Google for India Digitisation Fund last year, has already invested $4.5 billion for a 7.73 per cent stake in the top telecom network Reliance Jio Platforms, along with recently investing up to $1 billion in Bharti Airtel.
Sidhu was charged under section 323 of the Indian Penal Code for voluntary causing hurt, however he was let off with just fine. The top court had observed that the incident was more than 30 years old, and there was no past hostility between accused and victim. The court also noted that no weapon was used by the accused.
The accused has been identified as Noori Ibrahim, a resident of Vellore, Tamil Nadu. Her agent, Ibraheem Keethadth, a resident of Bengaluru, has also been arrested.
