Is LBT applicable in Navi Mumbai?
In Maharashtra presently L.B.T. is implemented in all the corporation except mumbai. In Navi Mumbai Corporation jurisdiction there was no octroi. However, cess (i.e. tax on entry of the goods in Local area for consumption, use or sale therein) was first introduced by state Government w.e.f. 01.06. 1996.
Who is the founder of Navi Mumbai?
Navi Mumbai was the brainchild of Adi Kanga, a civil engineer. With distinguished architect Charles Correa on board as the Chief Architect, ‘City and Industrial Development Corporation (CIDCO)’ initiated the development of around 16,000 hectares of land to the north-east of Mumbai.
Who rules Navi Mumbai Municipal Corporation?
The Navi Mumbai Municipal Corporation (NMMC) is the municipal organisation of Navi Mumbai, Maharashtra….
| Navi Mumbai Municipal Corporation | |
|---|---|
| Leadership | |
| Commissioner | Abhijit Bangar |
| Mayor | Jayawant Sutar (NCP) |
| Deputy Mayor | Vacant |
Is LBT applicable in Thane?
There is no local body tax (LBT) in Mumbai. However, as regards the LBT, which is applicable in other towns, including Thane, Navi Mumbai, Pune, Nashik and Nagpur, from September 1 to December 31, 2020, the government has waived 1% tax, while it has been reduced to .
Is Navi Mumbai developed?
A new public sector undertaking, CIDCO, was established for this purpose. Navi Mumbai is situated across two districts, Thane and Raigad….
| Navi Mumbai | |
|---|---|
| Country | India |
| State | Maharashtra |
| Districts | Includes parts of Thane, Raigad districts |
| Planned, Developed and Owned By | CIDCO, NMMC |
Why is Navi Mumbai developed?
Since independence, there was a specific reason to build a new city on the mainland across the harbour: to lower the population of Mumbai, an island city whose physical expansion had a limit. It was regarded as an alternative for the many people who wanted to come to Mumbai from all over India.
What is full form of LBT?
Local Body Tax (LBT Tax) is imposed by the local civic bodies of India on the entry of goods into local area for consumption or use or sale, it is to be paid by the trader to the civic body and the rules and regulations differ for different states.
Is LBT applicable after GST?
The Local Body Tax has been scrapped by the implementation of Goods and Services Tax (GST) from 1st July 2017.
Does Thane come in Navi Mumbai?
Navi Mumbai is situated across two districts, Thane and Raigad.