The pros and cons of Maharashtra's local body tax

mumbai-puff.jpg

Abhishek Shah of Ernst & Young looks at the benefits and drawbacks of the Indian state of Maharashtra moving from Octroi to local body tax (LBT).

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Topics

more across site & bottom lb ros

More from across our site

On a panel of advisers and tax authority representatives from a range of European jurisdictions, financial transactions were pinpointed as a key TP audit focus

Tom Baker , September 18, 2024

ITR concludes its World Tax rankings analyses with APAC, where India’s dynamism stood out in an otherwise stable region

Tom Baker , September 18, 2024

Jim Chalmers’ opposite number also criticised the embattled firm, but argued that the government’s response to the tax leaks scandal had gone too far

Tom Ravlic , September 17, 2024

The firm’s new Asia-Pacific head James Badenach tells ITR that A&M Tax can provide an alternative in the region to a “constrained” ‘big four’

Sam Sholli , September 16, 2024

As the firm declined to speak with ITR over its progress, senator Deborah O’Neill branded PwC Australia’s recent parliamentary responses as ‘unsatisfactory’

Tom Ravlic , September 13, 2024

A Swedish company’s CEO working part-time in Denmark led to a noteworthy PE decision; in other news, Latham & Watkins grew its London tax team

Ralph Cunningham , September 13, 2024

Rather than outright replace human intelligence, AI solutions can serve as the ‘infinite intern’ tax advisers need to automate onerous tasks, argues Russell Gammon of Tax Systems

Russell Gammon , September 12, 2024

The lack of provision for bilateral advance pricing agreements is a notable omission from proposed reforms of Brazil’s transfer pricing rules

Ralph Cunningham , September 12, 2024

Ursula von der Leyen is under pressure to ensure her new team makes competitiveness a top priority. How tax policy is designed and implemented is crucial, writes Ralph Cunningham

Ralph Cunningham , September 11, 2024

Speaking exclusively at ITR’s Transfer Pricing Forum in Europe, the Commission’s Marc Clercx also addressed industry concerns over the arm’s-length principle