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JHARKHAND MINERAL TAX
Coal India Q4 Results: Profit rises 12% to Rs 10,908 crore; co declares Rs 5.25 dividendCoal India reported a 12% rise in Q4 profit driven by better realizations and higher income, despite cost pressures. Margins improved, thou...- Signature of over 100 MPs collected for removal of Justice Verma: Kiren Rijiju after all-party meetMonsoon session: Union Minister Kiren Rijiju announced that over 100 MPs have signed for Justice Verma's impeachment following the discover...
- Efforts on to settle issue of recovery of mining royalty, tax dues with certain states: Centre to SCThe Centre is working to resolve royalty and tax disputes on mineral rights with states like Jharkhand. The Supreme Court deferred hearing ...
- SC dismisses plea against order allowing states to levy tax on mineralsThe Supreme Court dismisses review petitions challenging its ruling that states can levy taxes on mineral-bearing lands. The Centre argues ...
- No relief for miners: SC denies pleas to review mineral royalty judgmentThe Supreme Court dismissed petitions to review a ruling that ‘royalty’ paid by mining operators is not a tax. This decision, upheld by an ...
- Centre seeks review of SC's mineral royalty judgment, points out 'apparent errors'The Centre is seeking a review of the Supreme Court's decision allowing states to collect royalty and tax on mineral-bearing land. The ruli...
- Mining tax case: Odisha to get a Rs 1 lakh crore bounty from SC ruling. What about others?Odisha stands to reclaim over Rs 1 lakh crore following the Supreme Court's approval of retrospective tax collection on mineral-bearing lan...
- Mining tax case: SC ruling on royalty case may cut Indian mining cos a Rs 2 lakh crore billA Supreme Court ruling affirmed the power of Indian states to levy taxes on mineral rights, possibly resulting in arrears amounting to Rs 1...
- SC verdict on Aug 14 on effect of judgement on state's power to tax mineral rightsA nine-judge constitution bench headed by Chief Justice DY Chandrachud was told by the Centre that it opposed the demand of states for refu...
- Mining, for states to tax and take careThe Supreme Court affirmed state governments' authority to levy taxes on mineral rights. It distinguished royalty from tax and enhanced rev...
- Jharkhand assembly passes Bill to levy cess on mined mineralsThe Bill proposes varying tax rates for different minerals on a per-metric-tonne basis: Rs 100 for coal and iron ore, Rs 70 for bauxite, an...
- Retro or prospective? SC reserves order on states' power to tax mining companiesA nine-judge Supreme Court bench reserved its decision on applying last week's judgment on states' power to tax mines and minerals rights r...
- Supreme Court reserves order on whether verdict on states' power to tax minerals will apply retrospectivelyThe Supreme Court reserved its decision on whether a recent judgment upholding state powers to tax mines and minerals should be applied ret...
- Committee of Secretaries suggests amendment to section defining “illegal mining”If executed, the proposal could save Coal India alone a contingent liability of nearly Rs 53,331 core, the panel said in its report. ET has...
- Panel for updating mining law, move to save PSUs from finesIf executed, the proposal could save Coal India alone a contingent liability of nearly Rs 53,331 core, the panel said in its report.
- Mining royalties set for significant hikesReviewing royalty on major minerals - an exercise carried out by the central government every three years - the study group recommended a 5...
- Odisha-Jharkhand to meet to curb illegal miningPerturbed over illegal transportation of minerals, Odisha and Jharkhand are planning to impose restriction on plying of heavy vehicles in b...
- CCEA to consider new royalty regime for coal, ligniteThe Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite.
- We will back companies serious about their projects: SatpathyIn a freewheeling interview to ET, Jharkhand’s mines secretary S K Satpathy spoke in detail about restricting rights of iron ore to steel c...
- No tax holiday for CBM productionThis has come as a surprise to interested bidders as blocks containing oil and gas and coal bed methane are offered for simultaneous biddin...
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