Updated On: 14 February, 2013 06:34 AM IST | | Chetna Sadadekar
Slamming the Local Body Tax (LBT) as a replacement for Octroi, Shiv Sena picks holes in the new proposal stating that traders will not voluntarily disclose their business volumes, thereby creating a huge dent in the BMC's collection kitty
The tariff, publicised as the most effective alternative to replace octroi in Brihanmumbai Municipal Corporation (BMC), has become a bone of contention with even the ruling BJP-Shiv Sena alliance in the civic body appearing fractured over the issue.

Octroi is a tax levied on goods at the entry in the city and is collected in cash on a daily basis. It is easier to collect with the presence of nakas at the border. File pic