Major Relief for Small Businesses: Tarunpreet Singh Sond

In a significant move to promote ease of doing business and reduce compliance burden on small enterprises, Punjab Labour Minister Tarunpreet Singh Sond has announced a series of progressive amendments to The Punjab Shops and Commercial Establishments Act, 1958 and The Punjab Labour Welfare Fund Act 1965 in Punjab Vidhan Sabha, today.

- PT News

The amendments (The Punjab Labour Welfare Fund Bill, 2025 and the Punjab Shops and Commercial Establishments Bill 2025) aim to strike a balance between business facilitation and employee welfare.

Below are the key highlights:

1. To decrease the burden of compliances on small businesses and to provide ease of doing business. All establishments employing upto 20 workers will be exempted from all the provisions of the Act. However all such establishments will have to give information to the inspector with in six months of coming in to force of the act or start of business.