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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 a more uniform fiscal framework and lower costs for miners following a 2024 Supreme Court ruling allowing additional state taxes.
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economictimes.indiatimes.com
Govt introduces bill in LS to restrict state taxes on mineral rights
The Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich areas. This legislation seeks to ensure a…
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thehindubusinessline.com
Govt introduces bill in LS to amend regulations for mines and minerals
Government introduces a bill in Lok Sabha to amend mining regulations, limiting state taxes on mineral rights for economic stability.
