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STATE GOVERNMENT LEVIES
New mines law seeks to bring tax uniformityA new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predic...
Infosys, TCS, Wipro and other IT stocks in focus as Donald Trump administration proposes higher H-1B visa feeInfosys, TCS, HCL Tech, Wipro and other IT stocks are in focus after the US Department of Homeland Security proposed a $103,265 fee on H-1B...
Stocks in news: TCS, ICICI Bank, Hindustan Copper and Piramal FinanceThe Indian equity markets experienced a downturn today, with the Nifty50 index finishing slightly above 24,200. Traders brace for heightene...
Karnataka: Kumaraswamy alleges DK-linked benami bid to take over NICE, vows to release documentsUnion Minister HD Kumaraswamy accused Chief Minister DK Shivakumar of a benami takeover attempt. He alleged the Chief Minister is acquiring...
Trump's trade war with Canada: A timeline of how Ottawa-Washington relations evolvedUS-Canada trade tensions have escalated after US President Donald Trump imposed 50% tariffs on Canadian imports following failed negotiatio...
Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
Shivakumar joins Kerala in opposing mining law changes, flags states’ fiscal powersKarnataka Chief Minister DK Shivakumar joined Kerala CM VD Satheesan opposing new mining bill amendments. These changes could restrict stat...
- Fiscally fit: The counterintuitive move that helped India tame inflation
India's inflation between 2010 and 2016 offers a lesson in fiscal discipline. Persistent deficits eroded confidence, leading to high inflat...
US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goodsUnited States and Canada face escalating trade disputes and potential tariffs. Negotiations are intensely underway to avoid new trade restr...
Pinarayi backs Satheesan’s stand against mining law, suspects move to privatise Kerala’s mining PSUKerala's opposition leader Pinarayi Vijayan supports Chief Minister VD Satheesan's stance. They oppose the Centre's mining bill, fearing we...
Odisha: BJD plans legal action, public demonstrations against Mines and Minerals (Amendment) BillOdisha's BJD party is planning legal action and public demonstrations against the recently passed Mines and Minerals (Amendment) Bill, whic...
India says mining tax curbs for states needed to prevent market fragmentationThe Indian government has implemented restrictions on new state taxes concerning mineral rights and land to streamline the national market ...
Mining for better RoI, better sharing nextIn a significant legislative shift, the Centre has revised a 1957 Act to enhance its oversight of mineral resources. The newly established ...
Parliament passes Mines and Minerals Amendment Bill, empowering Centre to regulate state mining leviesParliament approved the Mines and Minerals Amendment Bill, 2026, on Thursday. This legislation empowers the central government to regulate ...
Kerala to oppose Centre's MMDR Act amendments restricting state powers on mineral taxesKerala will oppose federal amendments to the Mines and Minerals Act. The state argues these changes erode constitutional powers and cause r...
SC to examine whether states can impose additional sales tax levyA Supreme Court bench will hear a key question on September 22. This concerns states' power to impose an additional sales tax levy. The Odi...
Lower house passes amendments curbing states power to tax mineralsLok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, curbing states' powers to impose taxes and cess ...
Lok Sabha passes bill to amend mines and minerals law without debateThe Lok Sabha passed a bill to amend mining regulations. This legislation prevents states from imposing additional taxes on mineral rights....
Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...
- 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 ...