Local Body Tax

The AAP on Sunday unveiled its election plank for urban local body polls in Uttar Pradesh, promising to halve house taxes and waive water taxes in municipal bodies it wins.

In a bid to increase revenue, the authorities of a village in Maharashtra's Latur district have decided to provide accident insurance coverage of Rs 10 lakh to those villagers who completely pay off their tax charged by the local panchayat.

The RBI said that property tax reform and the development of a vibrant municipal bond market may boost the finances of local bodies in India.

Carmaker has received tax breaks and other incentives for the U.S. state and other local government bodies to set-up new 3 lakh unit per year EV factory.

Superstar Rajinikanth has withdrawn his petition from the Madras High Court which had asked the court to restrain the Chennai Corporation from imposing fine over the 6.5 lakh property tax levied on his wedding hall. The court said the actor ought to have issued a reminder to the local body before coming to court.

Film lovers in Madhya Pradesh have been deprived of watching new releases since October 5 as over 400 theatres have downed shutters in protest against entertainment tax levied by some local bodies in the state.

Panel to seek inputs from central ministries, all state governments, local bodies, panchayats and political parties of each state, said finance ministry.

The Tamil Nadu government today issued orders to hike theatre ticket prices by 25 per cent against the backdrop of the film industry bodies not releasing any new movies to protest the levy of 10 per cent local body tax in the state.

The Tamil Film Producers Council has said it will not release Tamil movies starting Friday in protest against the levy of 10 per cent local body tax. They said the local body tax puts a strain on their finances as they are already paying 28 per cent Goods and Services Tax on films

Theatre owners in Tamil Nadu have called off their indefinite strike over a 30 per cent municipal tax on movie tickets introduced after the Goods and Services Tax (GST) was launched at midnight last Friday. Movie shows will resume this evening.

The indefinite strike by theatre owners and distributors in Tamil Nadu demanding withdrawal of 30 per cent local body tax on movie tickets entered the fourth day today.

Some 1,000 cinema halls in Tamil Nadu today remained shut for the second day in protest against imposition of 30 per cent local body tax in addition to Goods and Services Tax or GST.

Around 1,000 cinema houses in Tamil Nadu have cancelled screenings against the imposition of 30 per cent local body tax apart from additional tariffs under the new GST regime.

A government body has recommended a safeguard tax on imports of flat sheets and plates of hot-rolled steel, an official statement said on Wednesday, to protect local mills hit by cheaper supplies from overseas.

Petrol pump dealers in Maharashtra has proposed to go on a one day strike on September 7 to press for their demand of relief from Local Body Tax (LBT).

The AAP on Sunday unveiled its election plank for urban local body polls in Uttar Pradesh, promising to halve house taxes and waive water taxes in municipal bodies it wins.

In a bid to increase revenue, the authorities of a village in Maharashtra's Latur district have decided to provide accident insurance coverage of Rs 10 lakh to those villagers who completely pay off their tax charged by the local panchayat.

The RBI said that property tax reform and the development of a vibrant municipal bond market may boost the finances of local bodies in India.

Carmaker has received tax breaks and other incentives for the U.S. state and other local government bodies to set-up new 3 lakh unit per year EV factory.

Superstar Rajinikanth has withdrawn his petition from the Madras High Court which had asked the court to restrain the Chennai Corporation from imposing fine over the 6.5 lakh property tax levied on his wedding hall. The court said the actor ought to have issued a reminder to the local body before coming to court.

Film lovers in Madhya Pradesh have been deprived of watching new releases since October 5 as over 400 theatres have downed shutters in protest against entertainment tax levied by some local bodies in the state.

Panel to seek inputs from central ministries, all state governments, local bodies, panchayats and political parties of each state, said finance ministry.

The Tamil Nadu government today issued orders to hike theatre ticket prices by 25 per cent against the backdrop of the film industry bodies not releasing any new movies to protest the levy of 10 per cent local body tax in the state.

The Tamil Film Producers Council has said it will not release Tamil movies starting Friday in protest against the levy of 10 per cent local body tax. They said the local body tax puts a strain on their finances as they are already paying 28 per cent Goods and Services Tax on films

Theatre owners in Tamil Nadu have called off their indefinite strike over a 30 per cent municipal tax on movie tickets introduced after the Goods and Services Tax (GST) was launched at midnight last Friday. Movie shows will resume this evening.

The indefinite strike by theatre owners and distributors in Tamil Nadu demanding withdrawal of 30 per cent local body tax on movie tickets entered the fourth day today.

Some 1,000 cinema halls in Tamil Nadu today remained shut for the second day in protest against imposition of 30 per cent local body tax in addition to Goods and Services Tax or GST.

Around 1,000 cinema houses in Tamil Nadu have cancelled screenings against the imposition of 30 per cent local body tax apart from additional tariffs under the new GST regime.

A government body has recommended a safeguard tax on imports of flat sheets and plates of hot-rolled steel, an official statement said on Wednesday, to protect local mills hit by cheaper supplies from overseas.

Petrol pump dealers in Maharashtra has proposed to go on a one day strike on September 7 to press for their demand of relief from Local Body Tax (LBT).