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ROYALTY PENALTY
Mining stocks like NMDC, Tata Steel fall up to 5% on SC royalty orderShares of PSU National Mineral Development Corporation (NMDC) were among the worst hit and were trading over 5% lower at Rs 212 on NSE, whi...14 Aug, 2024, 11.41 AM IST- Income Tax department issues Rs 549-crore tax demand notice to AWSThe tax department detected that AWS was charging a fee for providing cloud computing services to Indian entities but not paying tax on it,...14 Mar, 2023, 08.53 AM IST
- Fearing Biden tax, Indian MNCs go back to the drawing boardWith Biden making announcements to increase corporate tax in the run up to the election, companies are exploring options they might have in...11 Nov, 2020, 02.22 PM IST
- Goa royalty penalty due to varying interpretation: VedantaThe Goa's directorate of mines and geology (DMG) yesterday had issued a Rs 97.48-crore demand notice to Vedanta towards non-payment of roya...29 Aug, 2018, 05.25 PM IST
- Sebi panel recommends shareholders' nod for royalty paymentCapital markets regulator has sought public comments till November 4 on the panel's recommendations.06 Oct, 2017, 08.22 PM IST
- RIL, Shell, ONGC asked to pay $3 billion in penaltyThe government asked the companies to pay a fine proportionate to their stake in the Panna Mukta Tapti oil field. RIL and Shell have challe...18 Jul, 2017, 10.29 AM IST
- Supreme Court stays levy of penalty on sales tax paid by Tata SonsSC restrained Maharashtra government from imposing penalty on the sales tax levied on Tata Sons Ltd over the use of the TATA brand name by ...23 Nov, 2015, 09.01 PM IST
- Centre dumps Nelp and proposes new oil and gas exploration modelThe government plans a non-controversial model, which will have extended tax holidays, zero royalty payment, longer contract tenure.01 Jan, 2014, 05.47 AM IST
- ONGC may have to pay crores in extra royalty to centre, statesCourt has ruled that ONGC should pay an additional royalty of Rs 8,000 cr to Guj upon calculating the levy on the basis of the market price...03 Dec, 2013, 05.43 AM IST
- Nokia gets interim stay against Rs 2,000 crore I-T demandThe Delhi High court granted an interim stay to Nokia India on the demand after the mobile phone manufacturing company filed a petition cha...29 Mar, 2013, 12.52 AM IST
- Excess ore production not illegal if royalty paid: Indian Bureau of MinesRefuting Odisha government's allegation that it had failed to detect irregularities in mining activities in the state, Indian Bureau of Min...07 Nov, 2012, 08.13 PM IST
- Budget 2012: Implement TDS on foreign commission, royalty, says FIEOThere has been a plethora of litigation with regard to applicability of TDS on foreign agency commission/royalties/offshore and professiona...11 Feb, 2012, 01.08 PM IST
- Mining sector needs large-scale reformIndia's new mining Bill has provisions which seek, rightly, to shovel money from mining companies to rural people affected by mining.03 Oct, 2011, 04.56 AM IST
- Microsoft appeal of 899-million euros fine may limit EU powersMicrosoft challenge to an 899 million-euro ($1.26 billion) EU penalty for failing to comply with an antitrust ruling may lead to a curb on ...25 May, 2011, 01.26 AM IST
- Oil cos get govt notice for delay in paying royaltyThe government is taking a tough stand against oil majors ONGC, RIL, Cairn and the BG group (British Gas) for delaying payment of royalties.26 Aug, 2008, 12.41 AM IST
- India tells Microsoft to pay $175 mn in tax: reportIndia has asked US software giant Microsoft to pay 175 million dollars in back taxes and interest for revenue earned from licensing its sof...03 Apr, 2008, 02.30 PM IST
- Maharashtra government rapped for failing to recover royalty, penaltyThe Comptroller and Auditor General of India has rapped Maharashtra government for failing to recover royalty and penalty aggregating to Rs...05 May, 2002, 07.15 PM IST
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