Ludhiana: Before the Progressive Punjab investor summit, Minister of Punjab Minister Chararjit Singh Channi led the first cabinet meeting in Ludhiana on Wednesday where some industrial friendly decisions were taken.
After Channi’s meeting discussed the media and disclosure of the main decisions including the elimination of institutional taxes from Punjab.
CM also announced that the VAT assessment of around 40,000 dealers originating from the pre-GST years has also been carried out and now only 8,000 assesies that have more tax requests than Rs 1 Lakh will be assessed and it is also under one time settlement scheme.
Channi also got information, “Our government will bring a one-time settlement scheme for Punjab plot holders of small industries export companies that have imposed an increase in charges on their plots.
In addition, changes in land use certificates will not be needed to prepare the industry in approved.
Area and condition The industry will be eliminated to prepare industries in the field of non-industries.
The fixed costs apply to electricity consumption will be eliminated with 50 percent for small micro media.
For the development of the focus point Rs 147 Crore will be released.
Taxpayers will be released.
Taxpayers will no longer be called by problems Small from the department will be faced In.
i.