India, Aug. 11 -- The Punjab Assembly on Monday, Aug 11 passed nine key bills, including the Punjab Goods and Services Tax (PGST) Amendment Bill, 2026, with Finance Minister Harpal Singh Cheema saying it aims to promote voluntary compliance and streamline GST-related procedures across the state.

On the last day of the Monsoon session, the assembly also unanimously passed the Punjab Regulation of Fee of Unaided Educational Institutions (Amendment) Bill, 2026, paving the way for capping fee hikes by private schools at 5 per cent per annum.

Cheema said the proposed amendments to the PGST provisions were designed to support trade and industry by removing procedural bottlenecks, improving liquidity and easing the overall compliance burden on...