Vidhi Codex

Bare Act

The Punjab Special Economic Zones Act, 2009

General200916 sections

The Punjab Special Economic Zones Act, 2009 establishes a framework for creating and managing Special Economic Zones across the state of Punjab. It applies to zone developers, operating businesses, infrastructure providers, and state administrative bodies. The legislation creates a high-level Project Approval Committee to evaluate project proposals and empowers a Development Commissioner to offer single-window regulatory clearances covering labor, environmental, and planning permissions. Additionally, the law grants significant state tax, duty, and stamp fee exemptions for goods and property transfers within these zones. This Act matters because it reduces administrative delays and lowers operational costs to attract private investment and promote economic development in Punjab.

Start reading →Read full ActSections
  1. 1. Short title and commencement
  2. 2. Definitions
  3. 3. Constitution of the Project Approval Committee
  4. 4. Functions of the Project Approval Committee
  5. 5. Notification on Special Economic Zone
  6. 6. Application for development of Special Economic Zone
  7. 7. Land for Special Economic Zone
  8. 8. Duties and functions of the Developer
  9. 9. Providing of infrastructure or amenity by the Developer
  10. 10. Generation and supply of electricity
  11. 11. Exemption from State taxes, duties, fees, cess and levies.
  12. 12. Powers and functions of the Development Commissioner.
  13. 13. Overriding effect.
  14. 14. Protection of actions taken in good faith.
  15. 15. Power to remove difficulties.
  16. 16. Power to make rules.

PDF: pending for this language.