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....
12 Aug, 2026, 05.51 PM IST
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...
12 Aug, 2026, 12.11 AM IST
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...
10 Aug, 2026, 02.25 PM IST
- NMDC cuts iron ore prices from August 8
NMDC 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...
08 Aug, 2026, 03.37 PM IST
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 ...
20 Mar, 2025, 01.11 PM IST
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 ...
04 Oct, 2024, 04.18 PM IST
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...
12 Sep, 2024, 03.51 PM IST
Mining royalty case in SC: Centre says PSUs' burden would top Rs 70,000 cr if ruling made effective retrospectivelyThe Central government opposed states' plea in the Supreme Court for a refund of royalty levied on mines since 1989, arguing it would burde...
31 Jul, 2024, 11.54 AM IST
Landmark Supreme Court ruling changes taxation rules for mining operatorsThe Supreme Court ruled that states can tax mineral rights under the Mines and Minerals Act 1957. In an 8:1 ruling, they deemed royalty as ...
25 Jul, 2024, 08.04 PM IST
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...
25 Jul, 2024, 11.42 AM IST
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...
14 Mar, 2024, 05.51 PM IST
Uniformity in GST rates necessary for sustained growth of mining sector: FIMIThe mining industry faces acute financial difficulty in utilisation of the input tax credit availed by the owners on their purchases of inp...
18 Sep, 2020, 04.06 PM IST
Mineral mining rights liable to GST: AARThe ruling was given on an application filed by Pioneer Partners, engaged in mining of boulders and extraction of minerals, which had secur...
25 Sep, 2018, 11.12 PM IST
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...
02 Jul, 2013, 04.00 AM IST
- 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...
10 Jun, 2012, 11.38 AM IST
- 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.
09 Feb, 2012, 10.27 AM IST
- Govt unlikely to consider super profit tax on miners
The government is unlikely to consider implementation of a super profit tax on miners, as the new mining Bill which is pending Parliament a...
05 Jan, 2012, 07.28 PM IST