Octroi out by yearend: CM
- Gurdaspur terror attack ends, all three terrorists killed
- Former president Abdul Kalam passes away following sudden illness
- Will not strike first, but will give a befitting reply: Rajnath Singh
- LG Najeeb Jung clears Swati Maliwal's appointment as DCW chief
- Gurdaspur attack aftermath: BCCI says no cricket ties with Pakistan as of now
CM Prithviraj Chavan said Friday octroi would be abolished in the state by December-end.
"We are gradually introducing local body tax (LBT) in all corporations. We expect to do away with octroi by the end of the year," he said at an industry summit.Maharashtra, the only state to levy local octroi, has introduced accounts-based LBT to replace it.
LBT has been introduced in municipal areas of Amravati, Akola, Ahmednagar, Ulhasnagar, Kalyan-Dombivali, Chandrapur, Parbhani, Latur and Nashik, among other corporations.
"We are gradually introducing LBT across the state. Now, we will introduce it in Pune, Nagpur, Pimpri-Chinchwad and even Mumbai, which charges 4 per cent octroi," Chavan said.