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KARNATAKA MINERAL RIGHTS
Siddaramaiah seeks President's nod for 7 key Karnataka billsKarnataka Chief Minister Siddaramaiah met President Droupadi Murmu to request approval for seven crucial bills passed by the state legislat...
NMDC FY25 consolidated net profit 17% up at Rs 6,538 crore; auditor flags retrospective levy by Karnataka governmentNMDC reported a 17.37% rise in FY25 net profit to ₹6,538.82 crore, with income rising to ₹25,498.84 crore. The company paid ₹2,901 crore in...
Cement prices likely to increase due to new mineral tax by states: ReportCement prices in various states may rise as Tamil Nadu introduces a Rs160 per tonne tax on limestone mining, following a Supreme Court judg...
K'taka Guv returns bill on mineral tax, seeks clarification from GovtKarnataka Governor Thawar Chand Gehlot returns a bill proposing new taxes on mineral rights and mineral-bearing land, seeking clarification...
Centre mulls legal options to soften Karnataka’s new levies on miningThe Centre explores legal options to alleviate the impact of Karnataka's new levies on minerals, addressing concerns from mining and steel ...
Tax on Minerals: Union Steel & Law Ministers discuss impact of Karnataka's new levy on steel & mining sectors, annual outputUnion Ministers HD Kumaraswamy and Arjun Ram Meghwal discussed the impact of Karnataka's proposed taxes on mineral-bearing lands after mini...
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 ...
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...
FIMI-Southern Region voices concern with K'taka govt over ban on export of iron ore in stateThe inflow of the iron ore within Karnataka is open such that the buyers can bring ore from anywhere from the neighbouring states even impo...
Narendra Singh Tomar to seek states’ views on amendments to Mines & Minerals ActUnion Minister of Steel & Mines Narendra Singh Tomar will be visiting key mineral rich states such as Orissa, Karnataka, Goa.
SC-appointed CEC recommends 11.4 million tonnes of mined Goa iron ore be auctionedGoa's iron ore industry has been idled since a inquiry commission claimed irregularities to the tune of Rs 35,000 crore.
- NMDC gets conditional nod for Bellary mining
The Supreme Court has given conditional nod to NMDC for mining iron ore in Karnataka’s Bellary district.
- Mineral rich states to continue 'fight for right'
The mineral-rich states would continue their "fight for right" within the frame work of the Constitution till their views are incorporated ...
- Ore-rich states sore at being ignored over mineral policy
The National Mineral Policy, which has been approved by the group of ministers, has run into another roadblock.
- Mineral rich states seek say in Mineral Policy
Mineral rich states would seek Prime Minister Manmohan Singh's intervention in ensuring that their views on the Mineral Policy are factored...
- States want to keep mining lease rights
Mineral rich states including Chhattisgarh, Karnataka have opposed moves to curb their powers by transferring their right to award mining l...
- States oppose transfer right to award mining lease
This recommendation will have serious implications and therefore cannot be accepted by the state.