Octroi News

Octroi: Lowest revenue expected this fiscal

Estimates for revenue income from octroi for 2015-16 were recently revised from Rs 7900 crore to Rs 6650 cr

‘Govt mulling ways to scrap LBT, octroi’

CM Prithviraj Chavan said the state government was considering a surcharge of 2.5-3 per cent on VAT.


Few takers for octroi posts now

Octroi posts located at all the entry points to the city still stand and remain unused. No contractor eager to continue with the service.

Maha corporators challenge local body tax in lieu of octroi

Octroi is a percentage tax levied on the entry of goods into the city,while local body tax is a lump-sum amount charged on the value of the goods.

‘Octroi will remain the prime revenue source in 2014-15’

Excerpts from a press conference by Municipal Commissioner Sitaram Kunte after the budget.

PCMC faces Rs 270-cr loss,but assures big projects won’t be hit

LBT effect: Pardeshi says drive to recover property tax,other measures may reduce shortfall by Rs 100 crore.


PCB in the red as Centre owes Rs 169.97 cr

RTI reply states that the state govt move to abolish octroi has affected its income; move to levy Local body Tax awaits Centres' nod.

LBT: Only 62000 traders register as deadline ends

Despite the civic administration’s appeal to register under local body tax (LBT) by April 30,only 62,000 traders have registered themselves for the new tax regime that has been introduced in the city in place of octroi.

LBT Day 1: Shopkeepers,traders declare war

Octroi abolished: Defiant traders say state has fooled them,call new rates misleading; indefinite strike to continue today.

Local body tax likely to generate Rs 60-cr revenue for Pune Cantt

Abolition of octroi might look like a dent in the revenue of the Pune Cantonment Board (PCB),but that is only for a short while.