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MINERAL BEARING LAND CESS
- The Sultanate’s Surcharge: MMDR Amendment shifts wealth from states to minersParliament 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...
- Svalbard polar bear woken by foghorn, triggering fine worth thousands of dollars for wildlife disturbanceA visitor in Svalbard received a substantial fine for using a foghorn to wake a polar bear. This action unnecessarily disturbed protected w...
- Government plans to set up critical minerals processing parks across 4 statesIndia is embarking on a transformative journey with plans for four specialized critical mineral processing parks in strategic states, empha...
- 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...
- In 2001, a scientist began rebuilding a rainforest on about 5,000 acres of burned Borneo grassland; the restored habitat became a refuge for orangutansA Dutch researcher regrew a rainforest on 5,000 acres of scorched land in Borneo. Willie Smits began restoring degraded land near Samboja i...
- Parliament passes MMDR Amendment Bill 2026 to boost critical mineral explorationParliament has approved the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. This legislation aims to enhance mineral ...
- Jackie the Big Bear eagle dies: Why millions are heartbrokenBald eagle Jackie, an internet celebrity, died after weeks of intensive treatment. Thousands of viewers mourned the bird they watched for y...
- 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....
- Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...
- 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...
- Coal India weighs acquiring Wealth Minerals unit with Chile lithium assetsCoal India is exploring acquiring a Chilean unit of Wealth Minerals. This move aims to secure vital lithium resources for electric vehicle ...
- Mines Act update proposes to curb states' tax powersThe Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...
- Sold land for Rs 7.24 crore, paid no tax, received income tax notice; Know how Google Earth photos and revenue records helped taxpayer to win this case in ITAT AhmedabadFamily member sold his 1/3rd share of agricultural land for Rs 7.24 crore, pays no tax, tax dept sent notice, he wins case in ITAT Ahmedaba...
- 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...
- NMDC cuts iron ore prices from August 8NMDC has cut its iron ore prices effective August 8, 2026. Lump ore (65.5%) is now priced at Rs 5,250 per tonne, down from Rs 5,450 in July...
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