New legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral production significantly. States like Odisha and Jharkhand demonstrate how mineral wealth can drive fiscal gains. Focusing on auctioning more blocks will accelerate revenue generation for states. Increased mineral output is crucial for India's economic and national security.

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…

Government introduces a bill in Lok Sabha to amend mining regulations, limiting state taxes on mineral rights for economic stability.

The central government is poised to restrict state authority concerning taxation on mining activities. This initiative aims to enhance the national viability of mining operations,…

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…

The Lok Sabha passed a bill to amend mining regulations. This legislation prevents states from imposing additional taxes on mineral rights. It also shifts control of…

Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, curbing states' powers to impose taxes and cess on mineral rights, with mining minister…

In a significant legislative shift, the Centre has revised a 1957 Act to enhance its oversight of mineral resources. The newly established rules will dictate how state governments…