Punjab Cabinet approves major relief for MSMEs, slashes stamp duty, registration fees on business loans

Babushahi Bureau

Chandigarh, October 28, 2025:Cabinet Minister Sanjeev Arora today informed that Govt. of Punjab had imposed stamp duty of 0.25% of the loan amount on all equitable mortgages (where land is given as collateral) and hypothecation of immovable property i.e. stocks given as collateral against the Bank loans in January 2025, a further 0.25% subject to a ceiling of 1 lakh, on registration of equitable mortgages was also imposed.

Addressing the media, Cabinet Minister Sh. Sanjeev Arora revealed that the Government of Punjab was earning quite a lot of revenue. However, multiple industry associations like CII, PHDCCI, APEX CHAMBER, CICU, FICO, SLBC had highlighted several chal

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