Haribhau Phadol
Due to recession in industrial and real estate sectors and decline in the LBT rates of some of the commodities the revenue of the Nashik Municipal Corporation (NMC) through the local body tax (LBT) has declined by 13.46% to Rs 601.88 crore in the current fiscal year as compared to the revenue collected during the [...] Continue Reading »
The civic body is considering to give the rebate in property tax to the industries in Satpur and Ambad industrial areas of Maharashtra Industrial Development Corporation (MIDC). Haribhau Phadol, NMC’s deputy municipal commissioner (Octroi), said that they have already given five percent discount to the industries in property tax for using solar energy but now [...] Continue Reading »
