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Tax LBT, FSR, FAR & FSI

What is LBT?LBT is the tax on entry of goods for use / consumption within areas of the local civic bodies. It is a self assessment or account based method of paying local tax, where the businessmen or trader himself declares his tax liability. Unlike in the octroi regime, trucks carrying goods will not be subjected to physical checking at check posts.

What is FAR, FSR & FSI?

(FARFloor area ratio 

(FSR) Floor space ratio 

(FSI) Floor space index  


             site ratio and plot ratio are all terms for the ratio of a building's total floor area to the size of the piece of land upon which it is built. The terms can also refer to limits imposed on such a ratio.