Punjab Eases Business Compliance: A New Era for Small Shops
The Punjab Cabinet has amended the Punjab Shops and Commercial Establishments Act, 1958, to reduce compliance burdens on small businesses. The changes exempt establishments with up to 20 workers from the Act, enhance overtime policies, and introduce penalties to simplify business operations and support shopkeepers.
- Country:
- India
The Punjab Cabinet has approved significant amendments to the Punjab Shops and Commercial Establishments Act, 1958, aimed at easing business operations across the state.
The reforms, led by Chief Minister Bhagwant Mann, aim to alleviate compliance difficulties for small enterprises by exempting establishments with up to 20 workers from many legal obligations.
Additionally, the Cabinet has introduced modifications to overtime policies and rationalized penalties, ensuring a more streamlined process for registration and compliance in Punjab's commercial sector.
(With inputs from agencies.)
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- Punjab
- Shops
- Commercial
- Establishments
- Act
- Amendment
- Business
- Compliance
- Chief Minister
- Overtime
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