LBT News

No GST in sight, Maharashtra may take a Rs 7,000-crore hit in 2016-17

The plan was to introduce GST from April 1, 2016. For this, the state had been pushing the Centre to put in place a special mechanism to compensate large manufacturing states for five years in the first phase of the GST.

After infrastructure, PMC looks for consultants to improve finances

The PMC is now looking at appointing consultants to advise the administration in ways to improve their financial status.


No abolition of LBT, traders with turnover of less than Rs 50 cr get exemption

NCP-ruled PMC slams decision; Pune Vyapari Mahasangh plans statewide agitation.

Farm Crisis: Maharashtra plans over Rs 5,000-cr package

Plan for a fresh financial assistance comes at a time when the public debt in Maharashtra has already crossed Rs 3.85 lakh crore.

PMC ready, corporators set for a pay hike

State govt seeks civic body’s view on raising honorarium, PMC says no problem.

Cars for Mayor and his deputy: Rs 23 lakh to be diverted

In November last year, standing committee had approved the diversion of Rs 30 lakh for the purchase of new cars.


Maharashtra: Sugar mills to get export subsidy

Amnesty scheme for traders defaulting on LBT on the cards

Announcement of LBT abolition soon: Devendra Fadnavis

Modi, in his speech, said the Chief Minister will ensure that people's expectations from him are fulfilled.

Traders oppose LBT, say CM’s solutions not viable

Earlier in June, the BJP had warned of the government of intensifying its agitation against LBT if the Maharashtra government failed to abolish it in the next 10 days.

LBT became game changer for PMC as poor revenue hampered projects

Octroi was the largest revenue source for the PMC.