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MINERALS ROYALTY TAX
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...
- 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...
- SC to look into Centre's mineral tax pleaThe Supreme Court has agreed to reconsider the Centre's petition seeking an expedited review of a prior decision that upheld state powers t...
- 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 ...
- 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 ...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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...
- 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...
- 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...
- Hike in royalty on iron ore would make mining unviable: GMOEAMines Ministry is considering a proposal to increase it to 15% and a study group on revision of rates of royalty has been constituted.
- New royalty rates for iron ore and other major minerals likely by June-endThe 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 AugustThe government today said it will finalise new royalty rates for major minerals other than coal, lignite and sand by August this year.
- Govt unlikely to consider super profit tax on minersThe government is unlikely to consider implementation of a super profit tax on miners, as the new mining Bill which is pending Parliament a...
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