Thursday, January 30, 2014

Traders call for bandh on February 21 against LBT

All traders' associations in the state on Tuesday decided to observe bandh on February 21 in protest against the state government decision to implement the local body tax (LBT) in the limits of 26 municipal corporations. The traders also decided to take out a rally at Azad Maidan in Mumbai on the same day at 2pm. The decision to this effect was taken at a meeting of all traders' associations from the state at Nashik Industries & Manufacturers Association (NIMA) House in the city. The meeting was organised by the Federation of Associations of Maharashtra (FAM) and Nashik City Traders' Federation (NCTF).

He added, "The Lok Sabha and state assembly elections will be held in the next few months. The total headcount of traders and their families is about 50 lakh across the state and five people are associated with each trader. Hence, we have decided vote for the political party during the forthcoming elections that will assure us in writing about abolishing the LBT." NCTF executive president Prafulla Sancheti said, "The state government imposed Value Added Tax (VAT), but did not abolish octroi. Now they abolished octroi, but introduced the LBT. We neither want octroi nor LBT."

The meeting was attended by office-bearers of traders' associations from

Mumbai, Pune, Pimpri-Chinchwad, Dombivali, Thane, Akola, Amravati, Aurangabad, Mira-Bhayander, Nanded, Vasai-Virar, Dhule, Malegaon, Kalyan, Ulhasnagar, Sangli, Solapur and Kolhapur.

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