Punjab sees 26% spike in stamp and registration revenue for Aug ‘24

| | Chandigarh
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Punjab sees 26% spike in stamp and registration revenue for Aug ‘24

Friday, 20 September 2024 | PNS | Chandigarh

Punjab Government recorded a 26 percent increase in revenue from stamp and registration fees in August 2024, reflecting its commitment to transparency and efficiency. Revenue Minister Bram Shanker Jimpa on Thursday credited this surge to Chief Minister Bhagwant Mann’s leadership and efforts to provide hassle-free, corruption-free services.

 

The state’s income under this head reached Rs 440.92 crore in August 2024, up from Rs 349.26 crore in August 2023. Jimpa highlighted that the revenue growth has been consistent, with a 71 percent increase in July 2024, 42 percent in June, and 22 percent in May.

 

From April to July 2024, the total revenue stood at Rs 1854.12 crore — a significant rise from Rs 1461.87 crore during the same period in 2023.

 

Jimpa emphasized that the government’s anti-corruption measures, including a helpline for complaints, have played a key role in boosting public confidence. He urged the citizens to report any instances of bribery, reiterating that the state remains dedicated to providing clean governance.

 

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