Tuesday, 5 December 2023
Trending
How to Check and Verify Vehicle Ownership | Car Registration Online Check 8009 Nadra family verification system | 8009 Nadra online check | 8009 sms Nadra Apple IPhone XS Max PTA and Import TAX in Pakistan | Non PTA price in Pakistan 1500 Prize Bond Draw List 15 August 2022 Lesco Bill Check Online 2022 | How to Get Lesco Duplicate Bill Online 750 Prize Bond List 2022 | Prize Bond Schedule 2022 How to Check Number of Mobile SIMs Issued Against Your CNIC Prize Bond 750 list 2022 | Prize Bond Schedule 2022 200 Prize Bond Draw List 2022 15th March 2022 – Prize Bond Draw Schedule Dates and Results 2022 Imported LNG prices for gas companies increased Pakistani exporters trying to capture Chinese meat market FBR issued list of business sectors for mandatory income tax integration Tax returns from Karachi city low-income areas surprisingly on top Taxation of gifts in Pakistan FATF awarded another lifeline to Pakistan Which persons require to submit income tax returns ? Staff required/Jobs Alert: Tax Manager, Tax Specialist, Tax Analyst China launches 6G satellite: We are still on 4G Dubai Mall, launched VAT refund kiosks IRS refund status FBR disposed off cases without audit: Notices Issued FBR clarification: good news for overseas Pakistanis for taking exemption from tax on profit on bank deposits FBR launched online module for Greenfield investors status registration State bank issued list of chartered accountants firms for audit of banks Prices of all petroleum products increased: A New Year gift FBR allowed to taxpayers to file settlement application for agreed assessment FBR formed committee to improve Income Tax Return forms Tax audit of Rahat Fateh Ali Khan resumed on information of secret bank accounts Telecom sector tax share increases 129% in FY20: PTA FBR considering proposals to tax benefit to non-resident or overseas Pakistanis Corruption in Pakistan increased more than Afghanistan: Transparency International reveals Sales Tax Relief by Punjab Revenue Authority FBR will launch a track and trace system by July 2021 Income Tax Returns Filing Reached at Top Sales Tax Amendment: FBR to recover arrears through bank account attachment Track and Trace System: Contract signed between FBR and AJCL Naya Pakistan LDA Apartments: Bank of Punjab & LDA Sign Deal State Bank of Pakistan maintains Monetary Policy Rate unchanged at 7pc Soneri Bank declares Rs2,400m profit after tax FBR Exempts Judicial Allowance by Honoring Court Judgment FBR and Provincial Revenue Authorities sign MoU on Single Portal and Return for Sales Tax FATF's condition fulfilled, 15000 and 7500 Prize Bonds to be abolished Chairman FBR Inaugurates Anti-Benami Adjudicating Authority Secretariat Rs. 100 Prize Bond Draw Result & List Dated 17 May 2021 FBR Issues Clarification on Excessive Charge of Duties & Taxes on Mobile Phones Govt called for the National Assembly session on June 11 to present the budget Income Tax Returns Filing for Tax Year 2020 Reaches 2.93m Bad News for Salaried & Retired Employees in Upcoming Budget Government Seeks to Impose tax on Suspicious Gifts transactions among Relatives FBR field offices to remain open till midnight on 30th June
E-stamping-revenues-pitb
FINANCE

E-stamping Revenue Reaches Rs. 201.3 Billion at year end 2020

By

E-Stamping, a flagship project of the Punjab Information Technology Board (PITB), aims to automate the issuance of stamps in Punjab. Since its launch in November 2014, e-stamping has now achieved a milestone of Rs.201.3 billion revenue in 2020 As of December 31, 2020. The total revenue collected using this e-stamping system is over PKR 201 billion. A total of 8.1 million e-stamps issued during the year with over 10.9 million transactions.

E-stamping ensures smoothing of property and business transactions in Punjab. This is to minimize the sale and purchase of fraudulent and counterfeit stamp papers. PITB has also developed a mobile app for auditors so that they can easily verify e-stamp paper and challan 32-A. The names of the buyers, sellers and the person through whom the stamps purchased entered into the system along with their CNIC number. PITB has also set up a central database for e-stamping system which has made the verification process easier for the citizens.

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants
A d v e r t i s e m e n t

PITB along with other stakeholders launched several apps for the convenience of the people of Punjab. More recently, PITB has introduced a “Rasta App” to help you drive in thick fog. Similarly, for the convenience of teachers, PITB and SED jointly launched an online retirement system. All these projects are playing a key role in making the country digital.

See also  How to become active tax filer in FBR in 2022

e-Stamping revenue generated in previous years

7.3.1

e-stamping facility satisfaction level

7.3.2

LATEST POSTS

  • How to Become Active Tax Filer in Pakistan in 2024
    How to Become Active Tax Filer in Pakistan in 2024
    How to Become Active Tax Filer in Pakistan in 2024 How to Become Active Tax Filer in Pakistan in 2024. To become a tax filer is beneficial for all those citizens who are getting some taxable income, earning foreign source…
  • 1500 Prize Bond Draw Result Today 15 August 2023
    1500 Prize Bond Full List 15 November 2023
    1500 Prize Bond Full List 15 November 2023 1500 Prize Bond Full List 15 November 2023. Yesterday Rs 1500 prize bond draw was scheduled and same the Directorate of National savings has issued full list of winners of prizes. There…
  • 1500 prize bond draw list 2023
    1500 Prize Bond List 15 November 2023
    1500 Prize Bond List 15 November 2023 1500 Prize Bond List 15 November 2023. Investment in prize bonds is very renowned investment type among the general public in Pakistan. Now you can also invest in premium prize bonds. Premium prize…
  • 100 Prize Bond List 15 November 2023
    100 Prize Bond List 15 November 2023
    100 Prize Bond List 15 November 2023 100 Prize Bond List 15 November 2023. Investment in prize bonds is very famous among the general public in Pakistan. Now a days Government is also issuing premium prize bonds in addition to…
  • Latest Update on Extension of Date for Filing of Income Tax Returns for tax year 2023 in Pakistan
    Latest Update on Extension of Date for Filing of Income Tax Returns
    Latest Update on Extension of Date for Filing of Income Tax Returns Latest Update on Extension of Date for Filing of Income Tax Returns. Premier tax authority in Pakistan the Federal Board of Revenue (FBR) has informed that over 2.9…
  • No More Extension in Filing Tax Return 2023 in Pakistan
    No More Extension in Filing Tax Return 2023 in Pakistan
    No More Extension in Filing Tax Return 2023 in Pakistan No More Extension in Filing Tax Return 2023 in Pakistan. Federal Board of Revenue (FBR) has informed to the general public through tweet on his official X account (formally twitter)…

Tax-news-in-urdu
www.TaxUrdu.com
Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: