Wednesday, March 5, 2014

No LBT withdrawal in State budget

Maharashtra Government disappointed taxpayers by not withdrawing LBT against which traders across State had been agitating since almost a year and although Chief Minister had assured traders that appropriate remedy would be sought shortly has failed to address this grave situation suppressing State traders from growth, which is hitting extremely hard in existing global economy slow down.

J. P. Sharma, president and Tejinder Singh Renu, Secretary of Vidarbha Taxpayers Association (VTA) in their joint press release on State interim budget 2014-15 said that even after concluding that revenue collection had drastically dropped by shifting from Octroi to Local Body Tax (LBT), govt did not withdrew Local Body Tax.

While, The ongoing stand-off between the state government and traders yesterday took a political twist.

Congress MP Gurudas Kamat in separate representations to Chief Minister Prithviraj Chavan and Congress president Sonia Gandhi has requested to review the imposition of LBT in view of strong opposition from the trading community.

In his letter Kamat has said, “An urgent solution must be found where the municipal corporation does not get the required revenue without causing hardships and inspector rate which will only lead to further corruption”. Kamat is the second senior Congress leader after Minister of State for Shipping Milind Deora had taken an initiative to organise a meeting of agitating traders with Chavan last week. Besides, opposition BJP and Shiv Sena have supported traders demanding withdrawal of LBT. 

Source: Nagpur Today, Afternoon DC