The administration of Islamabad, Pakistan’s capital, is set to introduce e-stamp papers to streamline property transactions in the near future. This initiative aims to facilitate smoother transactions for residents of the capital. The decision was reached during a meeting chaired by Deputy Commissioner Irfan Nawaz Memon, along with representatives from Punjab Bank, where the implementation of e-stamping in the city was discussed.
The meeting featured detailed presentations and demonstrations on the operational framework, security features, and integration of e-stamping with existing systems. The Deputy Commissioner emphasized the importance of a seamless implementation process and called for training programs and awareness campaigns to educate the public.
READ MORE: Government Announces Significant Reduction in Petrol Price
E-stamp papers were highlighted for their enhanced security features utilizing barcode technology, which helps mitigate the risk of fraud. The shift towards e-stamping is anticipated to simplify property transactions and legal documentation, thereby reducing paperwork.
The Deputy Commissioner reaffirmed the administration’s commitment to leveraging technology to enhance public services, ensuring that necessary infrastructure and resources will be provided for the successful rollout of e-stamp papers in Islamabad.
