Stop harassment of traders under LBT assessment : Dipen Agrawal
Nagpur: Dipen Agrawal President Chamber of Associations of Maharashtra Trade & Industry (CAMIT) called upon Devendra Fadnavis Chief Minister of Maharashtra and expressed his gratitude on behalf of CAMIT and traders of state for accepting CAMIT’s representation and not extending...
स्मार्ट सिटी : गुमराह करने का कोई मौका नहीं छोड़ती
नागपुर: नागपुर मनपा सचमुच स्मार्ट सिटी के क्रम में काफी आगे निकल चुकी है, जो सेवा राज्य सरकार ने बंद कर दी है उसका फलक आज भी कायम रख अपनी गुणवत्ता की फजीहत करनवाने में कोई कसर नहीं छोड़ रहा...
NMC attaches bank accounts of 62 traders for defaulting LBT dues
Nagpur: In an action aimed at sending a stern message, the Local Body Tax (LBT) Department of Nagpur Municipal Corporation has attached bank accounts of 62 traders for failing to clear dues. The LBT Department is staring at around Rs...
Flawed survey of properties hits NMC coffers hard
Nagpur: The coffers of Nagpur Municipal Corporation (NMC), already facing financial crisis, were further dented -- courtesy flawed survey of properties conducted by a private firm – CyberTech Systems and Software Ltd. The haphazard survey not only hit NMC’s revenue...
GST effect: Octroi posts, the main source of income for civic bodies, shut down
Nagpur/Mumbai: Within hours of launch of Good and Service Tax (GST) at the stroke of June 30 midnight, the effects could be sensed. The Octroi Duty, the main source of income for Municipal Corporations in the State, became the first...
State Govt mulls imposing LBT on liquor trade in city
Representational pic Nagpur: Maharashtra Government has decided to impose Local Body Tax (LBT) on liquor trade in the city at a time when the demand to enforce prohibition in entire state is being vociferously raised. However, the State Government move...
Late date to file returns for LBT for 2015-16 extended till August 31, 2016
Nagpur: On August 1, 2015, the Maharashtra State Government had relieved the responsibility of paying Local Body Tax for all those traders, institutions and business firms whose annual business is below Rs 50 crores. However, it was made mandatory to...
LBT search, seizure operation at Vidarbha Bottlers for tax evasion in lakhs
Nagpur: Local Body Tax (LBT) Department on Tuesday initiated search and seizure action at M/s Vidarbha Bottlers Pvt. Ltd., Chinchbhawan, Wardha Road, Nagpur, for suspected evasion of the tax in lakhs. The firm deals in production of country liquor. In the...
‘Drought Tax’ on fuel needs reconsideration – VTA
Nagpur: Vidarbha Taxpayers Association (VTA) has written to Chief Minister of Maharashtra Devendra Fadnavis and State Finance Minister Sudhir Mungattiwar to reconsider ‘drought tax’ introduced of Rs.2 per liter on petrol & diesel recently, which most likely must be declining...
SHCV President hails PM’s directive to CBDT over tax assessments
Nagpur: Rajesh K. Lakhotia, President of Steel & Hardware Chamber of Vidarbha, expressing gratitude to Prime Minister welcomed the departmental instruction issued by CBDT to constitute Local Committees to address taxpayers’ grievance against high-pitched assessment orders and appealed Mayor and...
Boastful NMC under financial crisis; hunting for more loans!
Wriggling within limited revenue resources Nagpur: The Nagpur Municipal Corporation (NMC) has always made tall claims in terms of its sound financial position, completing all announced projects and civil development works as well as various civic schemes in time and so...
MLC election from local body to be held in December
Once again a tussle likely between Mulak and Datke or Vyas Independent voters soaring high Nagpur: As the enthusiasm for election of an MLC from local self governing body is growing, and may take place after Diwali festivity, the efforts to allure...
NMC totters under cash crisis as revenue targets see red
Nagpur: It has now become crystal clear that the ‘great’ Nagpur Municipal Corporation (NMC) is tottering under unprecedented financial crisis. And the condition is deteriorating further and further with every passing day. So much so that the NMC is now...
LBT raid on Richa Jain’s Unique International, tax evasion in lakhs suspected
Nagpur: The Local Body Tax Department of Nagpur Municipal Corporation on Wednesday raided Itwari-based Unique International and unearthed tax evasion in lakhs in the financial year 2013-14. The LBT Department has seized documents necessary documents and demanded details of import...
Cash-strapped, debt-ridden NMC seeks fresh loan from BoM to pay old dues
Nagpur: The cash-strapped and debt ridden Nagpur Municipal Corporation (NMC) is again planning to procure a hefty loan from a bank. In a meeting held on Tuesday, the Standing Committee of NMC gave its approval for the process to take loan...
NMC gets Rs 30.98 crore as compensation for LBT
Nagpur: As LBT has been abolished across the state, the Nagpur Municipal Corporation (NMC) will be given Rs 30.98 crore in the month of October by the state government to compensate the loss. The government orders have been issued. In...
Maharashtra govt to abolish LBT on fuel within 15 days
Nagpur: The Maharashtra government decided to abolish the Local Body Tax (LBT) within 15 days on petrol and diesel to end the disparity between fuel dealers and other traders. State Finance Minister Sudhir Mungantiwar said that the decision came after discussions...
NMC extends last date of filing LBT returns to July 31, 2014 after demand by NVCC, others
Nagpur News. Nagpur Municipal Corporation (NMC) has extended the last date of filing Local Body Tax (LBT) returns for the financial year 2013-2014 to July 31, 2014. Earlier, the last date for filing LBT returns was June 30. However, the heavy rush...
CM calls meeting to discuss alternatives to LBT
Nagpur News The Chief Minister of Maharashtra Prithviraj Chavan, rattled by debacle in Lok Sabha elections mainly due to enforcement of Local Body Tax (LBT) and soft-going on issues of public interests, called a series of high-level meeting of...
