Centre seeks review of SC's mineral royalty judgment
Wednesday, 11 September 2024
The Centre has requested a review of a Supreme Court decision permitting states to levy royalties and taxes on extracted minerals and mineral-bearing land. This could result in a financial burden of up to Rs 1.5 lakh crore for PSUs and private industries. Madhya Pradesh joins as co-petitioner, citing public interest concerns.
The Centre has requested a review of a Supreme Court decision permitting states to levy royalties and taxes on extracted minerals and mineral-bearing land. This could result in a financial burden of up to Rs 1.5 lakh crore for PSUs and private industries. Madhya Pradesh joins as co-petitioner, citing public interest concerns.
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