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.
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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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