Punjab is all set to launch the unique e-stamping system. Finalising its initiation on Thursday, the State Government has asked all the Divisional Commissioners and Deputy Commissioners to launch e-stamping by mid October.
The directions were issued by Deputy Chief Minister Sukhbir Badal after giving his final nod to the system in a hig- level meeting.
Sukhbir asked the senior officers of the State Revenue Department, Divisional Commissioners and DCs to ensure that all land registrations and mutation of deeds should be done under e-stamping after mid of next month.
He asked DCs to get included all stakeholders including stamp vendors to involve and educate them about the computerization of stamp duty advanced system (C-SDAS) so that this unique program could be implemented in true spirit.
“All deeds and land registrations above Rs50,000 would be made under e-stamping,” he said.
For the purpose of proper implementation and monitoring of the program, the State Government has signed an agreement with the Stock Holding Corporation of India — a central record keeping agency.
SHCIl would be responsible for user registration, overall e-stamping application operations and maintenance. It would appoint authorised collection centers (ACC’s) that will issue certificates to the clients at their counters.
“The required training to the users as well as staff of sub-registrar officers and other concerned officers would also be imparted,” said Sukhbir asking the DCs to ensure effective and speedy implementation of this program for the facilitation of people.
Deputy Chief Minister, while talking about benefits of e-stamping system, said that stamp certificate could be generated within minutes and tamper proof.
Terming it a “cost saving and user-friendly”, Sukhbir said that e-stamp certificates would have a unique identification number and its authenticity could be checked anytime anywhere. “Besides, specific denomination is also not required. E-stamping has an easy accessibility and faster processing having secure storage of certificates,” he said.
Revenue Minister Bikram Singh Majithia informed the meeting that the program should be launched well in time.
He asked the DCs of SAS Nagar, Jalandhar and Bathinda to make sure the necessary arrangements and requisite infrastructures for launching of e-stamping as these districts have been chosen under pilot project in first phase from next month.
“After its success in three districts, the program would be launched in other districts in the coming months,” he said.