The Maharashtra government is actively considering abolishing local body tax (LBT) and octroi in the state and putting in their place a 2.5-3% surcharge on value added tax (VAT).
Chief minister Prithviraj Chavan said at an event on Tuesday that there is a strong demand for LBT's elimination. "We have no option but to go ahead with an increased VAT. We will have to make requisite changes in the law, following which the official...
Thursday, June 26, 2014
Monday, June 16, 2014
Is LBT really going?
LBT was again in news as there were speculations as it would be scrapped or at least merged with VAT. So, I have researched all the news relating to this to give viewers "One post read all news update"
So, if you have missed anything in news regarding LBT, worry not; read below to update yourself about it.
The story started with change in government at Center. With NDA getting majority seats in Maharashtra there was a clear...
Wednesday, June 4, 2014
Subscribe to:
Posts (Atom)