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STATE MINING TAXES
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...
- 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....
- Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interferenceIn Maharashtra, over 36,000 private companies have been dissolved within the last five years, particularly affecting the business services ...
- India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...
- States should mine more, not tax more: The fiscal lesson from OdishaNew legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...
- Mines Act update proposes to curb states' tax powersThe Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...
- Hindustan Copper net rises over 2x in Q1Hindustan Copper Limited announced a substantial profit increase for the first quarter. Total income also saw a significant rise compared t...
- A ghost town disappeared beneath 60 feet of water after Hoover Dam was built; Lake Mead’s decline is bringing it back to lifeA submerged ghost town named St. Thomas is reappearing as Lake Mead's water levels drop. This former Mormon settlement was flooded after th...
- 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 ...
- Hindustan Copper Q1 Results: PAT zooms 163% YoY to Rs 353 crore; revenue rises to Rs 937 croreHindustan Copper reported a 163% year-on-year jump in Q1FY27 net profit to Rs 353 crore, while revenue from operations rose 81.4% to Rs 936...
- Govt introduces bill in LS to restrict state taxes on mineral rightsThe Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich are...
- Govt extends ED Director Rahul Navin's tenure beyond August 13Enforcement Directorate Director Rahul Navin's tenure has been extended by one year. This extension will keep him in his role until August ...
- Afghanistan’s gold rush leaves a trail of dust, damage and lost farmlandGold mining operations in Afghanistan's Badakhshan province are causing significant environmental degradation. Villagers report polluted ri...
- CBIC directs CGST zones to track illegal mining, curb tax evasionCentral tax authorities are taking proactive measures by partnering with state mining departments to address the issue of illegal mineral e...
- Tamil Nadu govt invites public suggestions to boost state's revenueTamil Nadu's Revenue Augmentation Committee seeks public input for revenue enhancement. Suggestions are invited from the public and experts...
- Global Market: China stocks hold steady as gold miners gain, tech shares slip; Hong Kong dragged by insurersThe Chinese stock market showed minimal fluctuation as gold shares increased, counteracting declines in tech. Meanwhile, Hong Kong faced ma...
- Parliament watch: Centre says no STT rethink as F&O activity remains strongThe government has no plans to review the securities transaction tax structure. Trade volumes in futures and options remain strong after th...
- Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
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