Chandigarh, Dec. 31 -- The Punjab Vidhan Sabha on Tuesday unanimously passed "The Indian Stamp (Punjab Second Amendment) Bill, 2025", "The Punjab Abadi Deh (Record of Rights) Amendment Bill, 2025" and "The Punjab Land Revenue (Amendment) Bill, 2025".

Revenue, rehabilitation and disaster management minister Hardeep Singh Mundian introduced the bills during a one-day special session.

Mundian said the amendment to the Indian Stamp Act, 1899, rationalises stamp duty related to deposit of title deeds, hypothecation and equitable mortgage by removing duplication of levy for the same loan transaction. He said a single duty on the total loan amount with a reasonable upper cap will lower transaction costs, improve ease of doing business and supp...