In future, Authorised Stamping Centre (ASC) will collect payment for stamp duty and issue stamp certificates. It generates online Management Information System (MIS) reports for the government and public. It offers a secure and reliable stamp duty collection mechanism and stores information in secured electronic form and builds up a central data repository to facilitate easy verification. The system, launched in association with Stock Holding Corporation of India Ltd (SHCIL), has been designed to prevent paper and process-related fraudulent practices in registration. ![]() ![]() Karnataka, which implemented the e-stamping system in Bangalore on Friday to prevent fraudulent practices in stamp paper-based transactions and registrations, plans to extend it across the state in a phased manner.
0 Comments
Leave a Reply. |