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MINERAL TAXES
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...
- Govt tightens drug quality net, initiates 950 actions since 2022: Over 1,100 cough syrup makers facing intensive audits amid quality concernsThe government has initiated 950 enforcement actions against pharmaceutical companies since December 2022. These actions aim to improve the...
- 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....
- 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...
- Critical minerals being prioritised in trade, investment engagements: Govt tells ParliamentIndia is strengthening supply chains by prioritizing energy and semiconductor sectors. The nation aims to reduce import dependence through ...
- 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 ...
- Hindustan Copper net rises over 2x in Q1Hindustan Copper Limited announced a substantial profit increase for the first quarter. Total income also saw a significant rise compared t...
- 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 ...
- Lok Sabha passes Tribunals Reforms Bill 2026 without debateThe Lok Sabha passed the Tribunals Reforms Bill, 2026, establishing a National Tribunals Commission. This new commission will oversee tribu...
- Hindustan Copper Q1 Results: PAT zooms 163% YoY to Rs 353 crore; revenue rises to Rs 937 croreHindustan Copper reported a 163% year-on-year jump in Q1FY27 net profit to Rs 353 crore, while revenue from operations rose 81.4% to Rs 936...
- Govt introduces NCDC Amendment Bill 2026 to expand direct funding for cooperativesA bill was introduced in the Lok Sabha to expand the NCDC's lending powers. This amendment will allow direct loans and grants to cooperativ...
- 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...
- Afghanistan’s gold rush leaves a trail of dust, damage and lost farmlandGold mining operations in Afghanistan's Badakhshan province are causing significant environmental degradation. Villagers report polluted ri...
- 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...
- CBIC directs CGST zones to track illegal mining, curb tax evasionCentral tax authorities are taking proactive measures by partnering with state mining departments to address the issue of illegal mineral e...
- India’s new 15-year tax break could unlock global rough diamond tradeIndia is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This me...
- India proposes extending tax breaks for contract manufacturing in a boost for AppleIndia has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, ...
- Vedanta bets on Hind Zinc for next phase of growthVedanta expects substantial growth in the next five to six years. Hindustan Zinc's expansion and critical mineral acquisitions will drive t...
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