LBT Collection beats octroi in Pune

After several hiccups in its initial months, it looks like the Local Body Tax (LBT) levied by the Pune Municipal Corporation (PMC) has come into its own. Revenue generated by the LBT till December has overtaken the amount the civic body collected from octroi...

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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...

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Writ Pettion for LBT rejected by Bombay HC

A Writ Petition was filled in Bombay High Court The decision taken by High Court is reproduced below "The challenge in this Petition under Article 226 of the Constitution of India is to the provisions of certain Rules incorporated in the Bombay Provincial Municipal Corporations (Local Body Tax) Rules, 2010. In the entire Petition, admittedly there is no averment that any recovery is sought to be made against the Petitioners...

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Sale of cars, bikes soar but LBT collection dips

If local body tax (LBT) collections are any indicator, less than hundred vehicles have been sold so far this financial year. Or that is the number of vehicles that dealers have paid LBT on to the civic body this year.Consider this: Over 32,000 vehicles have been registered with RTO so far in Kolhapur this fiscal, but tax has been paid on only 95. Dealers are supposed to pay 1.5% of the total vehicle cost as LBT for vehicles that...

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FAM and civic bodies to meet on January 28 to discuss abolition of LBT

Members of the Federation of Associations of Maharashtra (FAM) would meet officials of municipal corporations in Nashik on January 28, 2014, to discuss the abolition of local body tax (LBT), which has already been imposed in 25 (of the 26) civic bodies in the state (the exception being Mumbai).Mohan Gurnani, president, FAM, said, “LBT is not only affecting the traders, but it would put an extra burden on consumers as well.” To...

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Civic body proposes to scale down LBT target for financial year 2013-2014

The target of local body tax (LBT) for the financial year 2013-2014 for Navi Mumbai Municipal Corporation is more than the previous year.The Navi Mumbai Municipal Corporation’s (NMMC) Cess department has forwarded the proposal to the state government to reduce tax to 1.5%, but it hasn’t been approved yet.When asked, an LBT officer, requesting anonymity said, “We have LBT for 2%, 3%, and 7% as of now, we do not know when it will...

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56% traders not paying LBT

Around 56% of the traders and businessmen registered with the Nashik Municipal Corporation (NMC) for the local body tax (LBT) have still not paid the tax eight months after the new system came into effect and the current financial year is coming to an end, the officials have said.The high percentage of tax evaders has led to decline in the revenue of municipal corporation through LBT. The NMC has issued notices to close to 1,500...

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Sangli traders lock horns with SMKMC

Traders from the Sangli Miraj Kupwad areas have intensified their opposition to the local civic body's firm stand on collecting Local Body Tax (LBT).Last week, the Sangli Miraj Kupwad Municipal Corporation's (SMKMC) had asked all traders under its jurisdiction, to pay LBT at the earliest. This decision irked the traders' community that has been raising demands with the state government against the tax. The LBT had come into effect...

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Mantralaya will take final call on LBT issue soon

The issue of reducing existing Local Body Tax (LBT) is one step away from getting resolved. Early this month, the Navi Mumbai Municipal Corporation (NMMC) forwarded a proposal to the state government asking the latter to reduce the tax slab for the city.NMMC commissioner Abasaheb Jar confirmed the development, but refused to divulge details of the proposal. However, another senior NMMC official, who played a crucial role in preparing...

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LBT grievances' meet at PCMC zonal offices to be held every week

The local body tax (LBT) department chief of Pimpri Chinchwad Municipal Corporation(PCMC) will meet traders and citizens at four zonal offices every week to hear their grievances.Assistant commissioner Yashwant Mane said he would be meeting traders on Monday at the zone A office in Nigdi. Similarly, he would be visiting zone B and D offices on Wednesday and zone C office at Nehrunagar on Thursday. "I will meet the traders, industrialists...

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