India

Maharashtra Govt to replace Octroi with lBT: CM

PNS

In a major policy initiative, the Congress-led DF Government has decided to scrap Octroi and replace it with local Body Tax (lBT) in all municipal corporations and councils across Maharashtra from April 1.

Announcing this during his reply to a debate on a motion of thanks to the Governor's address in the State Assembly, Maharashtra Chief Minister Prithviraj Chavan said that while lBT had been introduced in 20 municipal councils across the State, the levy of octroi was currently on in six major municipal corporations, including Mumbai. Thane, Pune and Pimpri-Chinchwad.

Chavan said that the State Government would scrap the levy of octroi in all the civic bodies and it would be replaced with lBT, from April 1.