TAG: royalty
Mineral royalty revenue jumps 32% for states during FY17 to FY22
The Supreme Court, on July 26, granted states the power to levy taxes on mineral rights, contending that royalty is a contractual consideration, opening the doors for the states to earn more revenues from mining operations.A Moneycontrol analysis of data...
2 months ago
Mining royalty verdict: Spectre of retrospective taxation hangs again, says EAC-PM member Shamika Ravi
Economic Advisory Council to the Prime Minister (EAC-PM) member Shamika Ravi on August 14 said the "spectre of retrospective taxation" is once again hanging on India, with the Supreme Court permitting states to collect royalty and tax dues on mining under...
2 months ago