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Local Body Tax

May 29, 2015 at 20:39 | Source: PTI
Urban Development Minister M Venkaiah Naidu said on Friday that consultations with stakeholders, including state governments and Urban Local Bodies, with regard to the three ambitious programmes, have been completed.
May 08, 2015 at 19:24 | Source: CNBC-TV18
The Panel may be a three-member body and may have two tax experts as members. It may not have any government nominee and future tax issues may be referred to it.
Apr 27, 2015 at 17:39 | Source: PTI
Explaining the levy of MAT on foreign portfolio investors, Arun Jaitley said the decision was taken not by the government, but by quasi-judicial bodies, which were created well before the present government came to power to reassure investors that the tax system would be free of political interference.
Apr 01, 2015 at 21:25 | Source: PTI
Four major components -- property tax, licence fee, electricity and water charges -- along with the interest on investments, contributed about 92 per cent of the total revenue receipts of the civic body.
Mar 22, 2015 at 17:07 | Source: PTI
Observing that Sodexo meal vouchers are utility goods, which are capable of being sold, delivered and possessed, the Bombay High Court has held that octroi and Local Body Tax (LBT) can be levied on them.
Mar 18, 2015 at 23:30 | Source: PTI
A Shiv Sena leader's comments that Mumbai has not received sufficient funds invited a strong reaction from BJP which said the remarks show "ignorance" on part of the junior ally, which it claimed, wants to delink the financial capital from the rest of Maharashtra. "If Shiv Sena says we have ignored Mumbai, it shows their ignorance.
Mar 18, 2015 at 16:43 | Source: PTI
LBT was introduced by the previous Congress-NCP government with a view to replace octroi.
Feb 28, 2015 at 13:48 | Source: Reuters
The move will help local companies that were fast losing their market share in the world's fourth largest producer of the alloy.
Feb 25, 2015 at 14:09 | Source: Moneycontrol.com
The government must synchronise various central and state laws such as, stamp duty laws, local body licenses, and ensuring minimum lead time for implementation of policy decisions at Centre and State levels
Feb 25, 2015 at 10:10 | Source: CNBC-TV18
CII president Ajay Shriram spoke to CNBC-TV18's Shereen Bhan to discuss the industry body's expectations from the Budget.
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Firstpost

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Economy  

Source:FirstPost - Mumbai: Wholesale traders in Mumbai have launched a twoday strike to protest against the pending Local Body Tax (LBT) imbroglio, officials said here on Monday.The provocation for the strike is the government failing to fulfil its commitment to set up a highlevel committee

1.45 PM Jul 15th 2013

Firstpost

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Economy  

Source:FirstPost - Mumbai: Wholesale traders in the city have launched a two-day strike to protest against the pending Local Body Tax (LBT) imbroglio, officials said here Monday.The provocation for the strike is the government failing to fulfill its commitment to set up a high-level committee

11.45 AM Jul 15th 2013

vsrswamy

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Local body tax is similar to Octrai, Entry tax etc., by the corporations to augment their resources. But the amount corruption in the collection of these taxes is enormous. The ultimate customer will be charged without payment to the tax collecting authorities. When we are talking about one GST

1.53 PM May 15th 2013

MMB Messenger

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Should Local Body Tax be implemented in Mumbai?

12.11 PM May 11th 2013

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Source:DNA India - A large number of retailers, wholesalers and manufacturers in Mumbai remained on strike for the third day on Wednesday as the stalemate over Local Body Tax (LBT) in Maharashtra continued. A delegation of Federation of Associations of Manufacturers (FAM), led by its president

4.33 PM May 9th 2013

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Source:Economic Times - MUMBAI: With an eye on Assembly elections scheduled later this year, Maharashtra government is mulling over scrapping of controversial Local Body Tax (LBT) which is in force except Mumbai and is being stridently opposed by the traders. The government may increase Value Added

10.33 AM May 17th 2014

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HDFC Bank  

Source:Financial Express - Only three traders have submitted local body tax (LBT) amounting to Rs 1.71 lakh in the first three days of collection, indicating that the Pune Municipal Corporation (PMC) administration is likely to have a tough time implementing the new tax regime, the major revenue

12.25 PM May 10th 2013

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ICICI Bank  

Source:Financial Express - Only three traders have submitted local body tax (LBT) amounting to Rs 1.71 lakh in the first three days of collection, indicating that the Pune Municipal Corporation (PMC) administration is likely to have a tough time implementing the new tax regime, the major revenue

12.25 PM May 10th 2013

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Yes Bank  

Source:Financial Express - Only three traders have submitted local body tax (LBT) amounting to Rs 1.71 lakh in the first three days of collection, indicating that the Pune Municipal Corporation (PMC) administration is likely to have a tough time implementing the new tax regime, the major revenue

12.25 PM May 10th 2013

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Source:DNA India - Municipal corporators from various civic bodies in Maharashtra have moved the Bombay High Court challenging the June 1 notification of the state government introducing local body tax on the entry of goods in the limits of cities in lieu of octroi. Hearing one of the petitions

8.53 PM Sep 6th 2012

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Mar 19, 2015 at 16:39 | Source: FirstPost
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