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MINING SECTOR TAXATION
- Mines Act update proposes to curb states' tax powers
The Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...
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 ...
Rajya Sabha to take up Taxation, Bankers’ Books bills on MondayThe Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....
Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturingThe Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax ...
Govt tables tax amendment Bill with FII relief, electronics manufacturing pushThe Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will...
Reconfigured tax laws to help activate investments, boost manufacturing & foreign capitalThe government is set to introduce the Taxation and Other Laws (Amendment) Bill, 2026, extending tax incentives for electronics manufacturi...
New Tax Bill sweetens deal for electronics makers, global investorsThe Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...
Gagan Gupta, man on a mission to industrialise AfricaGagan Gupta is industrializing Africa through his Arise holding company. He focuses on processing local resources and creating skilled jobs...
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
Greece to tax gains from crypto, sources sayGreece is set to introduce a 15% capital gains tax on cryptocurrencies. The Finance Ministry is drafting a law for parliamentary submission...
State governments should not tax minerals excessively, says Kishan ReddyUnion Mines Minister G Kishan Reddy urged state governments to refrain from imposing higher taxes on minerals, as it would increase the cos...
Steel Minister Kumaraswamy red flags high mineral tax by Karnataka governmentUnion Steel Minister H D Kumaraswamy has stated that additional taxes by Karnataka on mining operations will negatively impact the steel an...
Centre to mediate high state taxes stifling mining operationsThe Centre intends to consult with states to curb excessive taxation on mining operations, addressing concerns from the sector. This follow...
Spectre of retrospective taxation hangs again: EAC-PM member on mining royalty verdictThe Supreme Court's July 25 verdict permitted states to collect past royalties and taxes on mining since April 2005, causing concerns over ...
Double taxation on Indian IT firms need to stop; bring amendment to DTAA regulation: India to AustraliaMinister of State for Commerce and Industry Anupriya Patel raised the important issue of DTAA regulation amendment during her meeting with ...
Vedanta urges Centre for reasonable tax regimeVedanta today urged the government for a reasonable taxation regime, saying that iron ore mining companies shell out as high as 45 per cent...
Iron ore exports from Goa unlikely to resume soonIron ore exports from Goa are not likely to resume in near future due to various factors like 'steep' duty, upcoming monsoon season and pen...