A joint meeting of officials of the municipalities and commune panchayats, representatives of the trade bodies held today decided to keep in abeyance the hike in taxes, PWD and Local Administration Minister A Namassivayam said in a release.
"The status quo ante would be restored and the levies as per the earlier tariff alone would be collected," he said.
The increase in taxes was announced earlier by the territorial government.
He also said he would appeal to the traders going ahead with their plan to observe the bandh to drop the agitation in larger interest of wellbeing of the people, he added.
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