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About 329 results for "Lbt"

Mumbai: Cry, home buyers, this LBT cut is not going to be kind
DNA India

Mumbai: Cry, home buyers, this LBT cut is not going to be kind

Property prices are set to rise again, thanks to the government's decision to abolish local body tax (LBT) from August 1.It means a loss of over Rs 10,000 crore to the government. So, how does it plan recover the money? By raising the stamp duty. ... DNA India, 49 minutes ago
NMC hopes 65% revenue growth with LBT changes Times of India, 1 day ago
LBT abolished from today Afternoon Despatch & Courier, 1 day ago
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Hindustan Times

With LBT scrapped, Maharashtra government may lose Rs 4,210 crore to civic bodies

The state government decided to scrap the local body tax (LBT) from Saturday for traders with an annual turnover of less than Rs50 crore. Already in a financial mess, the state government may lose around Rs4,210 crore in stamp duty collections ...
 DNA India1 day ago Maharashtra government to lose Rs4,210 crore in payments to cities for LBT losses  DNA1 day ago Govt moves to up turnover cap for LBT-paying traders  Pune Mirror1 week ago LBT exemptions for traders with less than Rs. 50cr turnover yearly  Hindustan Times2 weeks ago

Maharashtra govt move on LBT sends civic bodies into a tailspin

The state government's decision to abolish collection of Local Body Tax (LBT) by 25 municipal corporations has created confusion and uncertainty about revenue sources for both Pune and Pimpri-Chinchwad municipal corporations. The chief minister's ...
 Indian Express1 day ago LBT abolition: Civic bodies staring at financial crisis  Times of India2 days ago No LBT in 7 civic bodies  The Freepress Journal2 days ago LBT abolition: State govt keeps civic bodies guessing  Indian Express2 weeks ago

LBT scrapped for traders with less than Rs50 crore turnover

The state government will compensate civic bodies for loss of revenues by devolving stamp duty collections to them from municipal areas, chief minister Devendra Fadnavis on Friday told the state legislative assembly.
 DNA1 day ago Maharashtra government to give its stamp duty collections to civic bodies for LBT revenue loss  DNA5 days ago Cash-strapped Maharashtra government likely to continue with LBT for industrial houses  DNA2 weeks ago Fall in LBT revenue puts AMC in trouble  NewsR.in1 month ago
Sakaal Times

State owes PMC Rs 445 cr!

PMC, Maharashtra government, dues, financial health, fund crisis, LBT, local body tax, Pune, Abhay Khairnar PUNE: The Pune Municipal Corporation (PMC) has demanded that the State government clear its dues to the tune of Rs 445 crore ...
 Sakaal Times3 days ago PCMC may move court over LBT exemption  Sakaal Times1 week ago PMC to move court against State govt  Sakaal Times1 week ago PMC is yet to get LBT withdrawal intimation  Sakaal Times2 weeks ago
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July coming to an end but LBT repeal nowhere in sight

With just a day left for July to end, Nagpur Municipal Corporation has not yet received any notification from the state government regarding scrapping of Local Body Tax (LBT) from August 1.
 Times of India4 days ago NMC yet to get notification for scrapping LBT  Times of India3 weeks ago LBT action against 4 mobile service centres  Times of India2 months ago LBT department action against two businesses  Times of India2 months ago

Maharashtra to exempt small traders from LBT, civic body against decision

The state government has issued a notification seeking suggestions and objections regarding its proposal that traders and industries with a turnover of less than Rs 50 crore may be exempted from paying local body tax (LBT).
 Times of India1 week ago

State government revises LBT amnesty scheme

Following demands from municipal corporations, the state government on Thursday amended the amnesty scheme introduced to help traders delaying payment of local body tax.
 Times of India1 month ago 6k defaulters to benefit from amnesty scheme  Times of India1 month ago State to offer amnesty scheme for LBT defaulters  Times of India2 months ago Amnesty scheme for traders announced  Asian Age2 months ago

TMC offers city traders sops to recover LBT dues

The Thane Municipal Corporation (TMC) has announced that it will waive off the penalty and interest for Local Body Tax defaulters as per the amnesty scheme declared by the state government.
 Times of India3 weeks ago LBT: Maharashtra government offers traders amnesty scheme  DNA2 months ago

Civic bodies jittery about scrapping of LBT

Uncertainty prevails over the state government's decision to scrap the local body tax (LBT) from next month as all civic bodies across the state have strongly resisted the move.
 Times of India2 weeks ago
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