The state government has decided to introduce local body tax (LBT) in the jurisdiction of the Nashik Municipal Corporation (NMC) and is likely to issue notification soon said a senior government official who was in the city recently.
A delegation of local industrial associations had, on May 16, met urban development secretary Manukumar Shrivastava over LBT. Shrivastava had then informed the delegation that the tax was to be implemented in Nashik from July 1.
DETAILS ABOUT THE LOCAL BODY TAX WILL BE MADE AVAILABLE ON THIS BLOG VERY SOON.
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Regards,
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CA.C.V.PAWAR
http://canews1.blogspot.in/
Regards,
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CA.C.V.PAWAR
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PLAN -- PERSEVERE and PROGRESS
INDIAN CA - NURTURED IN INDIA, GROOMED FOR THE WORLD
For latest Updates visit Blogspot : http://canews1.blogspot.com
sir,
ReplyDeleteCan u put some more light on the advantages to the Corporations who are imposing the Local Body Tax?
As far as I know, 1) lump sum amount will be charges from the traders 2) it can be paid within 40 days.
Will it be useful for Municipal Corporation. what are the experiences from other corporations such as KOlhapur, Aurangabad and Solapur?
are they collecting at par with octroi?
what are the reason behind their success?
I would be highly grateful it you could provide some light on my questions.
Thanking you in anticipation.