The Centre has requested a review of a Supreme Court decision permitting states to levy royalties and taxes on extracted minerals and mineral-bearing...
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Maroc - Times of India - Top Stories - 14/Aug 20:50
PSUs, mining companies to pay states royalty, tax dues from 2005: Supreme Court
The Supreme Court issued a directive for mining companies and mineral users to pay backdated royalty and taxes on mineral-bearing land to states from 2005. The arrears, payable over 12 years, will exclude interest and penalties. This follows an eight-to-one ruling allowing states to levy these charges, overruling a prior 1991 decision.
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