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After Rs 40 crore spent, BMC to abolish octroi

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The Times of India                     09.03.2013 

After Rs 40 crore spent, BMC to abolish octroi

MUMBAI: The BMC's plan to introduce local body tax (LBT) by abolishing octroi in October may make the Rs 40 crore spent on octroi naka upgradation seem like a waste.

The BMC is studying taxation rate and has nakas at Dahisar, Lal Bahadur Shastri Marg, Eastern Express Highway, Mulund-Airoli and Vashi. "When we decided to rest-ore nakas, the LBT decision was not taken," said chief city engineer Jeevan Padgaonkar.
Last Updated on Saturday, 09 March 2013 09:44