BoK partners with KP govt to launch e-stamping project in Peshawar

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MG News | September 26, 2024 at 11:56 AM GMT+05:00

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September 26, 2024 (MLN): Bank of Khyber (BoK), Board of Revenue Khyber Pakhtunkhwa, and Khyber Pakhtunkhwa Information Technology Board (KPITB) have signed a Service Level Agreement (SLA) in Peshawar to initiate the rollout of the e-Stamping project, where BoK will act as a collecting agent for e-Stamping in Khyber Pakhtunkhwa (KP).

This initiative supports the Government of KP's commitment to digitizing services and streamlining business operations throughout the province.

Leveraging technological advancements, the e-Stamping project allows citizens to conveniently obtain stamp papers within minutes.

By simplifying this process through a user-friendly online platform provided by BoK, it not only saves time but also enhances public accessibility.

Moreover, this initiative significantly reduces the potential for fraudulent practices and government revenue leakage by digitizing records and ensuring transparent transactions.

The phased rollout of the e-Stamping project across the province aims to boost revenue collection and improve data reconciliation.

Citizens can easily participate by generating a Challan on the web portal, paying the specified duty at any BoK branch, and immediately receiving their E-Stamp certificate at the same location.

Copyright Mettis Link News

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