According to the sources, The government of Punjab has decided to end stamp papers which will shift the registration process of properties on white paper.
As per to details, Babar Hayat Tarar, A member of the Board of Revenue said that the registration of properties will be completed on white paper by placing 3 barcodes on it, The decision will be made effective across Punjab this year.
He further added that the Punjab government will save more than Rs.1 billion after ending stamp papers, whereas, the officer will also mention the transfer of the assets while completing the registry.
Babar Hayat Tarar also said that Punjab provincial authorities issued order to shift all patwarkhanas to the government buildings, whereas, those defaulters of agriculture income tax, Abiana (water cess) and others will be arrested.
He also said that jails will be established in each tehsil where tax defaulters will be imprisoned for up to 15 days, The tax recovery system has improved in Punjab and efforts underway to further enhance it, Tarar added
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