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        <h1>Punjab Assembly passes Development Tax Amendment Bill allowing lump-sum Rs 2,200 payment option instead of monthly installments</h1> The Punjab Assembly passed the Punjab State Development Tax (Amendment) Bill, 2025, to simplify tax compliance and improve collections. The original 2018 Act requires monthly payments of Rs 200 from income taxpayers, generating Rs 190.36 crore in 2024-25. Key amendments include a lump-sum payment option of Rs 2,200 instead of monthly installments, and new sections addressing tax liabilities in cases of death, company mergers, and corporate insolvency. The Assembly also passed the Punjab Appropriation Acts (Repeal) Bill, 2025, to remove outdated laws from statute books while preserving actions taken under these expired acts.

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