The government of Punjab has decided to discontinue stamp papers to shift the property registration process onto white paper.
This was revealed by Babar Hayat Tarar, a member of the Board of Revenue, who said that the registration of properties will be completed on white papers that will have three barcodes on them.
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He revealed that the decision will be implemented across the province this year and that the decision will save more than Rs. 1 billion for the provincial government.
Tarar added that the concerned officer will mention the transfer of assets while carrying out the registration.
He also stated that the government has started shifting all the patwarkhanas to government offices, and declared:
Strict action will be taken against defaulters of agriculture income tax, Abiana (water cess), and other issues.
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Tarar said that special jails will be set up in each tehsil to imprison tax defaulters for up to 15 days. He remarked that Punjab’s tax recovery system had improved over the last couple of years and that efforts to further enhance it are underway.
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