Chandigarh, June 5 -- The Punjab cabinet on Wednesday approved an amendment to the Punjab Shops and Commercial Establishments Act, 1958, aimed at reducing compliance burdens on 95% small businesses and enhancing the ease of doing business in the state.
The decision was taken at a meeting of the council of ministers, chaired by Punjab chief minister Bhagwant Mann here. It was the third cabinet meeting held in a row.
A spokesperson from the Chief Minister's Office disclosed that under this progressive amendment, all establishments employing up to 20 workers will be exempted from all provisions of the Act.
"This move will benefit lakhs of shopkeepers across Punjab. However, such establishments will still be required to submit relevant inf...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.