Traders from Navi Mumbai heaved a huge sigh of relief yesterday as the long-pending disagreement over the payment of Local Tax Body (LBT) on goods imported into the city was largely resolved. During a meeting of traders from the satellite city with urban development officials in the presence of Thane’s guardian minister Ganesh Naik, they were assured that they would not have to dispense the cess they they were paying earlier. The assurance has put the merchants at ease.

Traders had staged several protests across the city against the Local Body Tax. Pic/Sayed Sameer Abedi