Punjab urban development

Punjab Launches Investor-Friendly Reforms, Passes Six Important Bills

Punjab Launches Investor-Friendly Reforms, Passes Six Important Bills

Chandigarh, September 29, 2025: Punjab Finance Minister Harpal Singh Cheema announced that the state Vidhan Sabha has passed six crucial bills aimed at driving industrial development, improving governance, and supporting farmers. The legislative session marks a significant milestone for the state’s economic growth.The bills include the Right to Business Act, which introduces a Deemed Approval Facility for industrial projects. Any project not receiving government approval within 45 days will be automatically approved, providing a faster and more investor-friendly environment.Other key legislations passed are the Punjab Goods and Services Tax (Amendment) Bill, aimed at streamlining the state’s tax system; the Punjab…
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