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Mumbai/NAGPUR: Keeping BJP’s poll promise, the Devendra Fadnavis-led government in Maharashtra today announced that the controversial local body tax (LBT) will be scrapped in the state from August 1 this year.
The announcement was made by the Finance Minister Sudhir Mungantiwar in his budget speech in the Legislative Assembly.
LBT was introduced by the previous Congress-NCP government with a view to replace octroi.
Gold Rate
Thursday 09 Jan. 2025
Gold 24 KT
77,900 /-
Gold 22 KT
72,500 /-
Silver / Kg
90,600 /-
Platinum
44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
The trader community opposed the new tax because of the complicated procedure and paperwork it entailed.
File Photo: Protest Rally in Nagpur led by than NVCC President Dipen Agarwal
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