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IMPACT OF MINING TAX ON STATES
- The Sultanate’s Surcharge: MMDR Amendment shifts wealth from states to miners
Parliament passed the Mines and Minerals Amendment Bill 2026 on Thursday. This legislation aims to standardize mineral taxation across Indi...
Mining for better RoI, better sharing nextIn a significant legislative shift, the Centre has revised a 1957 Act to enhance its oversight of mineral resources. The newly established ...
Jharkhand CM Soren urges PM Modi to reconsider mining bill, flags impact on state's financesJharkhand's Chief Minister Hemant Soren urged Prime Minister Modi to reconsider the mining bill. He stated restrictions on state levies cou...
Parliament passes Mines and Minerals Amendment Bill, empowering Centre to regulate state mining leviesParliament approved the Mines and Minerals Amendment Bill, 2026, on Thursday. This legislation empowers the central government to regulate ...
Kerala to oppose Centre's MMDR Act amendments restricting state powers on mineral taxesKerala will oppose federal amendments to the Mines and Minerals Act. The state argues these changes erode constitutional powers and cause r...
Lower house passes amendments curbing states power to tax mineralsLok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, curbing states' powers to impose taxes and cess ...
Lok Sabha passes bill to amend mines and minerals law without debateThe Lok Sabha passed a bill to amend mining regulations. This legislation prevents states from imposing additional taxes on mineral rights....
India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...
States should mine more, not tax more: The fiscal lesson from OdishaNew legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...
- Mines Act update proposes to curb states' tax powers
The Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...
Hindustan Copper net rises over 2x in Q1Hindustan Copper Limited announced a substantial profit increase for the first quarter. Total income also saw a significant rise compared t...
Centre proposes to curb powers of states to tax mineralsThe central government is poised to restrict state authority concerning taxation on mining activities. This initiative aims to enhance the ...
Govt introduces bill in LS to restrict state taxes on mineral rightsThe Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich are...
Afghanistan’s gold rush leaves a trail of dust, damage and lost farmlandGold mining operations in Afghanistan's Badakhshan province are causing significant environmental degradation. Villagers report polluted ri...
CBIC directs CGST zones to track illegal mining, curb tax evasionCentral tax authorities are taking proactive measures by partnering with state mining departments to address the issue of illegal mineral e...
Peace killed a boomtown: How the end of World War I turned one of Australia's biggest copper settlements into a ghost townKuridala was once a thriving Queensland mining town, which prospered greatly during World War I. Copper became a strategic metal, driving s...
Tamil Nadu govt invites public suggestions to boost state's revenueTamil Nadu's Revenue Augmentation Committee seeks public input for revenue enhancement. Suggestions are invited from the public and experts...