The Indian Express                      22.03.2013

Market Yard traders to down shutters from March 25.

Not happy with the Pune Municipal Corporation's (PMC) decision to go ahead with the introduction of the Local Body Tax (LBT), the Pune Merchants Chamber has decided to go on an indefinite market closure from March 25.

In a statement issued on Thursday, president of the chamber Ajit Sethiya said that the new tax regime is being opposed by them on account of the complexities in the law and the uncertainty about the way it would be implemented. "All shops and establishments in Market Yard will be closed," he said.

The chamber has been vociferous in their protest against LBT and has said they would soon file a public interest litigation in the Bombay High Court against the move.