Good News For Factory Owners Across Punjab

February 26, 2021Zayn0

Factory owners and vendors in the Punjab Relief, Department of Labor Social Security amnesty scheme the notification was issued.

According to the Punjab Gazette notification, factory and shop owners will be able to pay 50% penalty without any pre-payment till June 30, 2021. Under the new proposed reforms, it was proposed to abolish the monthly collection of Rs. 40 from factory employees. The omission of Section 20A (3) will benefit the factory workers by about Rs 500 million.

The amnesty scheme will benefit factory owners to the tune of about Rs 5.5 billion. Under the new reforms, social security personnel can only inspect 20% of factories on an annual basis.

On the other hand, orders have been issued to the gas export and non-export sectors to restore conditional gas. According to the letter of the Ministry of Petroleum, old and new cases of generation, as well as the connection of the gas-consuming industry for a generation, should not be disconnected.

Sui Northern Gas Company had disconnected several industries last month, on which the Ministry of Petroleum Division has sent a letter to the Managing Director of Sui Northern Gas Company. According to this, those who have old and new connections on generation should be given immediate gas restoration while connections will also be given to the industrialists who want to take more gas than the approved load.

 

 

Zayn

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