LBT
Nashik Municipal Corporation (NMC) is planning to hike property tax by 36 per cent from 2015-16 onwards. This proposal was put forward in the budget for the next fiscal year, which was presented by municipal commissioner, Praveen Gedam, for approval. Panel Chairman Rahul Dhikle reviewed the proposal at a special meeting at the standing committee [...] Continue Reading »
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 »
Wakad, a locality situated in the vicinity of IT hub and educational institutions, has been in the limelight lately. The locality has recently got maximum number of building permissions for projects for the fourth consecutive year. It has come at a right time when development of Wakad was the most need of the hour. It [...] Continue Reading »
