Mining tax case: Odisha to get a Rs 1 lakh crore bounty from SC ruling. What about others?Odisha stands to reclaim over Rs 1 lakh crore following the Supreme Court's approval of retrospective tax collection on mineral-bearing lan...
16 Aug, 2024, 01.44 PM IST
Mining tax case: SC ruling on royalty case may cut Indian mining cos a Rs 2 lakh crore billA Supreme Court ruling affirmed the power of Indian states to levy taxes on mineral rights, possibly resulting in arrears amounting to Rs 1...
14 Aug, 2024, 02.03 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
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
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. ...
29 Feb, 2024, 07.56 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
No royalty holiday for Adani's coal mine in AustraliaAdani Australia said it will analyse the details of the Cabinet's decision once it was formally provided to them.
26 May, 2017, 05.11 PM IST
Mining firms to pay 30 per cent royalty on exisiting mines; 10 per cent on newThese payout rates are much lower than the rates prescribed in the new mining law — 100% of royalties for existing and 33% for new mines.
20 Aug, 2015, 05.12 AM IST
Coal transportation in Meghalaya: NGT extends time till November 30The NGT has prohibited mining in the entire state of Meghalaya but allowed transportation of extracted coal kept in the open with due "chec...
02 Aug, 2015, 04.56 PM IST
Earnings of metal firms set tp be hit by higher royalty, mineral auctionThe upcoming mineral auction too is likely to dent their profitability, at a time when domestic demand is weak and international metal pric...
22 Apr, 2015, 02.35 PM IST
- Govt expects royalty from minerals to double
The government today said revenues from minerals are likely to almost double after the implementation of the proposed Mines legislation.
29 Oct, 2012, 10.44 PM IST
- Odisha continues to charge higher royalty iron ore miners despite Centre's objections
The Centre has asked Odisha government to immediately withdraw a notification, which it is using to charge higher royalties from iron ore m...
18 Aug, 2012, 06.31 PM IST
- Mines ministry pushes for new iron ore royalty maths
The mines ministry will push for a new system of calculating royalties instead of the current practice of basing it on an average price det...
02 Dec, 2011, 11.26 AM IST
- Taxing time for India's metal, mining companies: Macquarie
Mining Bill is expected to reduce the profits of pure-play mining companies like NDMC and Hindustan Zinc by 9 %.
03 Oct, 2011, 05.30 PM IST
- Mining Bill aims at providing lifetime livelihood support for affected persons
The government has introduced a new provision in the draft mining regulation that will make it mandatory for companies to share a portion o...
28 Sep, 2010, 03.01 AM IST
- An ardent call for federalism in mining regulation
What explains the investment torpor in mining? The government has blown the bugle from the rooftop to attract foreign investors into the se...
31 Jan, 2007, 03.12 AM IST