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ROYALTY SETBACK
Quote of the day by Elton John: 'There’s really no point in asking what if? The only question worth asking is...' - motivational lessons on letting go of the past and embracing the future by Grammy-winning singer of Candle in the WindQuote of the day by Elton John: Music legend Elton John inspires us to move forward. He advises against dwelling on past regrets, urging us...- Indian AI royalty proposal targets data practices of OpenAI, GoogleThe step comes as governments worldwide are fast developing regulations to resolve AI-related copyright disputes, as AI companies say they ...
- SC to consider plea for listing petitions of states in minerals royalty caseThe Supreme Court will decide when to hear cases on state taxes for mineral rights. This follows a major ruling that states have the power ...
- Centre moves Supreme Court against verdict on mineral taxation rightsThe Centre has filed a curative petition in the Supreme Court against the verdict that states have the power to tax mineral rights. This ac...
- 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...
- How Tata Steel and JSW Steel will be impacted by SC ruling on mining royaltyTata Steel, JSW Steel, and other mining companies might face increased costs due to additional state-imposed mining taxes, as per a Supreme...
- 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...
- Xiaomi India moves HC against seizure of over ₹5,500-cr assetsXiaomi India will also approach the appellate tribunal empowered under FEMA, challenging the competent authority's confirmation of the ED o...
- FEMA authority confirms India's highest seizure order of Rs 5551.27 crore against XiaomiThe Authority, while confirming the seizure, held that the probe agency was right in holding the foreign exchange equivalent to Rs 5551.27 ...
- ITAT says Google India should pay tax on advertisement revenue sent to parentThe Bangalore bench of ITAT, in a 331-page order, upheld the tax department's contention that such payments are royalty and therefore subje...
- 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.
- Not aware of any buy back so far: AK Srinivasan, Director Finance, ONGCIt is very difficult to spell out anything on the mega mergers now because nothing is ruled out or nothing is heard ONGC's AK Srinivasan sa...
- ONGC, Cairn face Rs 1,922 crore service tax on royalty paymentsCBEC is using the logic that since service tax is leviable on wireless spectrum, which is a natural resources, the same should extend to oi...
- Blow to Monsanto as agriculture ministry set to control cotton seed pricesThe move of the ministry comes in response to a series of representations made by the domestic hybrid seed manufacturers.
- Cairn should share ONGC royalty: Solicitor General Gopal SubramaniumSolicitor General has reaffairmed that the govt can impose preconditions like equitable sharing of royalty in the all-important Rajasthan b...
- Govt can put preconditions on Cairn-Vedanta deal, reaffirms SGISolicitor General Gopal Subramanium has reaffairmed that the government can impose preconditions like equitable sharing of royalty in the a...
- Oilmin sets riders for Vedanta’s Cairn India venture acquisitionThe measures are among a slew of conditions proposed by oil ministry officials for an in-principle approval of the controversial deal.
- Cairn-Vedanta deal to get nod next monthGovt is poised to clear the $9.6-billion Cairn-Vedanta deal by the middle of February, ending five months of uncertainty over the controver...
- Vedanta wins bid to buy 5 lakh MT of bauxite from GMDCVedanta Resources has won a bid to acquire over five lakh MT of the mineral from Gujarat Mineral Development Corporation.
- Chennai ruling to impact shipping profitsThe Chennai Income Tax Appellate Tribunal’s decision withholding tax payable in two different cases have served as a body blow to Indian sh...
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