KDMC recovers local body tax of Rs 2.62 cr from IOC

THANE: The Kalyan Dombivali Municipal Corporation in Maharashtra's Thane district on Saturday said it had recovered Local Body Tax (LBT) of Rs 2.62 crore from Indian Oil Corporation after seizing its bank account. As per a release of the KDMC, the oil PSU had not paid LBT for fuel pumps in 27 villages that were incorporated into KDMC limits in 2015.