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Striking traders suffer Rs 500 crore losses per day

The loss, estimated by the FRTWA, will not prevent traders from continuing their strike against LBT

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Mumbai’s wholesalers and retailers have been bearing an estimated loss of Rs 500 crore every day because of their strike against the state government’s application of the Local Body Tax (LBT).


Retail shops across the city, supporting the Federation of Associations of Maharashtra (FAM) protest against the LBT, kept their shutters down yesterday. Pic/Sayed Sameer Abedi

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