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MINERAL ROYALTY RATES
Cabinet rationalises royalty on Graphite, Caesium, Rubidium and ZirconiumThe Union Cabinet has rationalized royalty rates for Graphite, Caesium, Rubidium, and Zirconium minerals, crucial for high-tech application...
Cabinet approves royalty rates for 12 critical mineralsWith this, the exercise of rationalising royalty rates for all 24 critical and strategic minerals is complete, an official statement said. ...
Cabinet approves royalty rates for lithium mining, niobium and rare earth elementsPrior to this decision, there was no royalty rate specified for these minerals and it was pegged at 12% of the average sale price (ASP), si...
Union Cabinet approves royalty rates for critical and strategic minerals including lithiumThe Union Cabinet has approved royalty rates for critical minerals in India. The decision comes as the government prepares to auction criti...
Parameters for mineral auction to include royalty to states: SourcesGovernment revised pending royalty rates on minerals including iron ore and bauxite, move ensuring significant swelling in annual revenue o...
Royalty hike may yield low realisation for mineral rich statesSince royalty for most minerals is computed on an ad valorem basis, these mineral rich states will get lower realisation.
Government hikes royalty rates on mineralsGovt gave nod to increasing royalty rates on minerals including iron ore and bauxite, a long-awaited move that will significantly swell ann...
Decision on raising royalty rates soon: Narendra Singh Tomar, Steel and Mines MinisterThe rates of royalty revised every three years for major minerals - excluding coal, lignite and sand for stowing - were last revised in Aug...
Top industry bodies demand royalty cut on non-ferrous mineralsRoyalty rates on minerals are decided by the government and revised every 3 years. Current royalty rate on zinc and lead is 8.4% and 12% re...
- Hike in royalty on iron ore would make mining unviable: GMOEA
Mines Ministry is considering a proposal to increase it to 15% and a study group on revision of rates of royalty has been constituted.
- Introduction of new mineral royalty rates may get delayed
Implementation of new royalty rates for major minerals, which will boost government's revenue significantly, may get delayed as a high-leve...
- New royalty rates for iron ore and other major minerals likely by June-end
The government is likely to come up with new royalty rates for major minerals including iron ore by month-end which will boost its revenues...
- New royalty rates for minerals like iron ore in August
The government today said it will finalise new royalty rates for major minerals other than coal, lignite and sand by August this year.
- Expert group to meet this week to review royalty on minerals
n expert group of the Mines Ministry will hold its first meeting this week to review the royalty rates, due for revision next year, for all...
- Govt puts mineral royalty hike on hold
Inlation has taken a toll on yet another reforms initiative.
- Govt mulls rise in royalty rates for steel inputs
While the new royalty rates would impact steel making and iron ore mining companies alike, it would enrich the states’ royalty earnings by ...
- New royalty norms to curb iron ore export
The government is planning to put further restrictions on iron ore export by introducing a system of royalty for minerals.