Pune and Pimpri-Chinchwad traders on indefinite strike against new tax

Image
IANS Pune
Last Updated : May 08 2013 | 3:35 PM IST

Retail markets in Pune and Pimpri-Chinchwad remained closed Wednesday after more than 30,000 retailers the two cities in western Maharashtra went on an indefinite strike protesting the Local Body Tax (LBT), an official here said.

Federation of Trade Associations of Pune (FTAP) president Popatlal Ostwal said over 80 trade associations were supporting the strike and markets in the two cities shall remain closed until a solution to the vexed LBT issue is found.

"The governmen is buying time without coming up with concrete action plan to resolve the LBT," Ostwal told media persons.

He claimed that the LBT has more stringent provisions than the previous octroi which the entire trading community in the state is opposing.

Ostwal, however, said that fresh products, pharmacies and certain other markets shall function as usual, but they would join the strike if the government fails to come up with a solution.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 08 2013 | 3:28 PM IST

Next Story