Lbt

Chief Minister Fadnavis recently chaired a meeting to take stock of the state's financial status and discussed measures to raise additional revenue. Finance Minister Sudhir Mungantiwar, Additional Chief Secretary (Finance) Sudhir Kumar Srivastava and other secretaries were present at the meeting.

LBT, octroi can be levied on Sodexo meal vouchers: BombayHC

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.

Maha Budget: Local body tax to be scrapped from Aug 1

LBT was introduced by the previous Congress-NCP government with a view to replace octroi.

Traders agree to call off LBT stir after meeting with CM

Traders in Pune, Pimpri Chinchwad, Navi Mumbai and Thane have announced that they are calling off the stir, following discussions with the Chief Minister.

Traders' strike against LBT to be intensified, says FAM

Federation of Associations of Maharashtra (FAM) today said nearly one million retail traders in the state will intensify the strike against the newly- introduced Local Body Tax from Thursday.

Wholesalers to continue strike against LBT

Wholesalers in the city would continue to observe bandh against the local body tax (LBT) even as associations representing retailers called off their strike yesterday.

Why Has Mumbai Downed Shutters Against LBT?

Aurangabad has implemented it, Kolhapur has implemented it, so have Solapur, Ulhasnagar, Vasai, Virar and a dozen other municipalities in Maharashtra. But when Local Body Tax came to Mumbai – it got a rather rude reception!

Traders were consulted; LBT protests premature: Maha govt

The Maharashtra government slammed the LBT protestors and said that the traders were consulted, reports CNBC-TV18‘s Ashmit Kumar.

LBT issue: National traders body seek Centre's intervention

The Confederation of All-India Traders (CAIT) today said traders from Maharashtra and other states will stage protests in New Delhi if immediate steps are not taken to resolve the local body tax (LBT) issue.

Traders from Maharashtra to join strike from Wednesday: FAM

Traders associations from 24 municipal corporations in a meeting of its presidents have decided to launch an indefinite trade bandh across the state, Federation of Associations of Maharashtra (FAM) said today.

Retail traders protest against Maharashtra's local body tax

Retail traders from Mumbai, Thane and Nagpur joined the indefinite strike today in protest against imposition of the local body tax (LBT).

Bye Bye Octroi, Hello LBT?

Thousands of Traders, Wholesalers & Retailers in Mumbai have taken to the streets this week to protest the Local Body Tax or LBT. LBT was introduced to replace the corruption ridden and tedious Octroi Tax – a Tax levied on the entry of goods into a municipal area.