Saturday 18 January 2020
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business-standard - 4 days ago

Punjab Cabinet approves Right to Business Act 2020

To facilitate business for Micro Small and Medium Enterprises (MSMEs), the Punjab Cabinet led by Chief Minister Captain Amarinder Singh on Tuesday gave the nod for bringing the Punjab Right to Business Act 2020 in the forthcoming 2-day special session of the state assembly.The Act is aimed at easing the regulatory burden on newly incorporated MSMEs by providing enabling provision of self-declaration, besides exemption from certain approvals and inspections for establishment and operations of MSMEs in Punjab.The Act would encompass various regulatory services, including sanction of building plans, issuance of completion/occupation certificate for bui registration of new trade license under the Punjab Municipal Act, 1911 and the Punjab Municipal Corporation Act sanction of building issuance of completion/occupation certi change of land use under the Punjab Regional and Town Planning and Development Act application for fire No Objection Certificate ...

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