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Local Body Tax

Jul 22, 2014 at 15:36 | Source: PTI
The Mumbai-headquartered firm will establish partnerships with local universities, business schools and trade bodies to create 300 jobs in the next 3 years.
Jul 14, 2014 at 21:59 | Source: PTI
Embassy Property Developments' Michael Holland said his company expected more clarity on these issues, including exemption from capital gains, tax among other issues after the next Budget.
Jun 28, 2014 at 16:21 | Source: PTI
The new levy lacks clarity and has multiple rates. Its implementation may lead to cascading effect. Gurnani and Parikh said the Government should accept the traders' demand to subsume LBT into VAT (value-added tax).
Jun 27, 2014 at 15:44 | Source: PTI
The Chief Minister asked the ministers and officials to link the Narmada canal network with local water bodies and dams in these areas if the rains were delayed further.
Jun 23, 2014 at 18:00 | Source: Moneycontrol.com
The maximum deduction of Rs 1.5 lakh allowed on taxable income towards interest on housing loan should be increase to Rs 3 lakh per annum, industry body Federation of Indian Chambers of Commerce and Industry (FICCI) has written in a pre-budget expecations note.
Jun 23, 2014 at 17:48 | Source: Moneycontrol.com
As a core infrastructure industry, duty rates for cement are one of the highest and next only to luxury goods such as cars, says industry body Federation of Indian Chambers of Commerce and Industry (FICCI).
Jun 12, 2014 at 19:17 | Source: Reuters
AirAsia India will have to juggle some of the highest fuel costs in the region, an array of local and national taxes, and heavy price discounting by rivals desperate to win market share.
Jun 10, 2014 at 21:30 | Source: PTI
Traders are opposing the LBT, which was brought in to replace octroi. Chavan today addressed a meeting of Mayors on the issue.
Jun 09, 2014 at 17:53 | Source: PTI
In 2011, government had imposed 18.5 percent MAT on the book profits of special economic zone developers and units.
Jun 07, 2014 at 10:00 | Source: Skymetweather.com
India will examine raising import tax on Sugar to support local prices and help mills clear dues to cane growers, according to the Food Ministry.India, the wor ...
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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

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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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Aug 11, 2014 at 11:22 | Source: FirstPost
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