Maharashtra traders to continue indefinite bandh against LBT

Image
Press Trust of India Mumbai
Last Updated : May 09 2013 | 10:15 PM IST
Federation of Associations of Maharashtra (FAM) representing 750 trade associations in the state today said, it would continue with its call for indefinite trade bandh till the LBT (Local Body Tax) is removed, even as the agitation entered 18th day today.
The decision on indefinite strike was taken at a meeting of traders called by FAM at Azad Maidan today.
Several BJP leaders like Jaywantiben Mehta, Raj Purohit, Atul Shah and Mangalprabhat Lodha were present at the meeting and supported the traders' cause.
Today was the 18th day of indefinite bandh by wholesalers and fifth day by retailers of Mumbai.
Now, transporters, hawkers and Mathadi Kamgar Union (labourers) have also declared their support to traders against LBT, which would result in total closure of trade in Maharashtra, FAM president Mohan Gurnani said in a statement.
Gurnani announced that neither any traders would pay LBT, nor make fresh registration for LBT.
Besides, he said traders should pay only 5 per cent portion of VAT and keep 95 per cent portion of VAT in abeyance till LBT is removed.
Gurnani advised traders to continue their protest peacefully and not to indulge in activities like rail roko, which could damage the image of traders even as he criticised coercive tactics of police and administration against peaceful protest by traders.
FAM Treasurer Vinesh Mehta stated that the organisation has made arrangements for supply of sugar, wheat and rice for the people during the period of agitation.
*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 09 2013 | 10:15 PM IST

Next Story