Home / News / India News / Article / LBT brings an additional Rs 17 crore to NMMC's kitty

LBT brings an additional Rs 17 crore to NMMC's kitty

Collections since implementation of LBT is much more in comparison to cess that dealers paid to the corporation till the last financial year

Listen to this article :

The Navi Mumbai Municipal Corporation’s (NMMC) revenue has got a major boost due to the much-hyped and controversial Local Body Tax (LBT). The collections, since its implementation is much more in comparison to cess that dealers would pay to the corporation till the last financial year. Despite the corporation’s Cess/LBT department not having taken any strict action against the defaulting traders, the corporation’s revenue has risen drastically.

Local Body Tax
Up in arms: In May, traders protested against the implementation of Local Body Tax (LBT) across the state. File Pic

Read Next Story
Art enthusiasts turn umbrellas into artwork

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement