Mumbai LTU today
After Bangalore and Chennai, the Mumbai LTU is all set to be inaugurated today. Rashtriya Chemical Fertiliser, Bajaj Auto Ltd, Bayer (India) Ltd, Cipla Ltd, Lupin Pharmaceuticals, Bank of India and Union Bank of India are among the eighteen units who have already agreed to join the Mumbai LTU. The Department is hoping to rope in another 110 assessees into the LTU set up. There are some 300 large tax payers in Mumbai, who are eligible under the scheme, which is optional. Many of them are waiting for others to join and see their experience.