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MINERAL ROYALTIES
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...- Not a minor issue! Andhra CM N Chandrababu Naidu raises Major Laterite Matter with CentreAndhra Pradesh Chief Minister N Chandrababu Naidu has raised concerns over a recent Union government policy change. This change reclassifie...
- Natural gas mineral firm WhiteHawk reveals sevenfold revenue surge in US IPO filingWhiteHawk, a leading natural gas royalty firm, is taking the stock market plunge with its initial public offering. This comes on the heels ...
- To tax or not to tax mineral rights in India? SC to hear pleas on May 20The Supreme Court will hear pleas on May 20 concerning legislative power to tax mineral rights, as the Centre's curative petition is pendin...
- NMDC hikes iron ore prices by Rs 200 tonneState-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5...
- Govt amends pricing norms for low-grade iron ore to check wastage, boost steel supplyThe government has revised pricing norms for low-grade iron ore, including Banded Haematite Quartzite and Jasper, to encourage its utilizat...
- Rules allowing inclusion of contiguous mining area notifiedNew rules allow mining lease holders to expand their areas. This applies to deep-seated minerals and associated minerals. The contiguous ar...
- NMDC hikes iron ore prices by up to 11.1% effective April 5In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented producti...
- Royalty rates on 4 key minerals rationalisedThe royalty rates for caesium and rubidium have been set at 2% of the average sale price (ASP), applicable to the metal contained in the pr...
- 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...
- Supreme Court asks govt to final decision on case regarding royalty computation of mineralsThe Supreme Court has urged the Indian government to make a final decision regarding the calculation of royalty on minerals. The court high...
- 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 operators case: SC through majority opinion holds that royalty is not in the nature of taxA nine-judge Supreme Court bench, led by Chief Justice DY Chandrachud, has clarified that royalty is not considered a tax. This statement w...
- SC reserves verdict on whether royalty on minerals is taxThe Supreme Court reserved its verdict on the taxation of minerals royalty under the Mines and Minerals Act, addressing the conflicting vie...
- 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. ...
- 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...
- 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...
- Introduction of new mineral royalty rates may get delayedImplementation of new royalty rates for major minerals, which will boost government's revenue significantly, may get delayed as a high-leve...
- Govt puts mineral royalty hike on holdInlation has taken a toll on yet another reforms initiative.
- Mineral royalty to increase by Rs 2k crMineral royalty likely to go up by more than Rs 2,000 crore as government may levy royalty on ad-valorem basis.
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