Tuesday, January 3, 2017

LBT Introduced in Panvel

It’s not a very Happy New Year 2017 for the businesses in the Panvel Municipal Limits. The Panvel Municipal Corporation vide it’s GR Dt. 29th December 2016, has decided to levy the Local Body Tax on all Use, Consumption and Sale happening in it's territories. The schedule of rates has also been prescribed by the local body ranging from 0.5% to 8% depending on the commodities one is dealing in. Having said that, most of the commodities...
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