KARACHI: The Sindh government has taken a significant step toward modernising its revenue collection infrastructure by initiating the digital collection of Immovable Property Tax (IPT) through the Board of Revenue’s e-Stamping platform, operated by the Sindh Information Technology Company (SITC).
The development was formalised through a memorandum of understanding signed at the office of Local Government Minister Nasir Shah. The agreement was concluded between Sindh Bank, the National Bank of Pakistan, and the Bank of Punjab, in collaboration with the Board of Revenue and the provincial local government and information technology departments.
The new arrangement integrates IPT collection directly into the existing e-Stamping process. Under the mechanism, the tax will be automatically calculated at one percent of the total property value and generated alongside the e-Stamping challan, eliminating the need for a separate payment document. The local government, the Board of Revenue, and the three partner banks will be interconnected through a unified online system to ensure a more streamlined and dependable process.
Speaking at the ceremony, Local Government Minister Nasir Shah said the initiative would enhance transparency and help eliminate corruption in property-related tax collection. He added that direct collection of stamp duty and allied taxes would strengthen local councils financially and improve their operational performance.
SITC Chief Executive Zainulabedin Shah noted that the same digital infrastructure underpinning the e-Stamping system is now being extended to municipal tax collection, enabling greater efficiency and convenience for citizens across the province.
Since SITC assumed operational control of the e-Stamping platform in September 2025, the system has processed over one million challans and generated more than Rs18 billion in revenue through 431 bank branches across Sindh.
The initiative represents a broader provincial effort to digitise financial governance and reduce procedural inefficiencies in property transfer taxation.
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