royalty on minerals

New Delhi: In a significant order judgment that will benefit mineral rich states like Odisha, the Supreme Court on Wednesday ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12…

New Delhi: The Supreme Court on Thursday said states have the legislative competence to impose taxes on mineral rights and mineral-bearing land. It also added that royalty payable on minerals is not a tax, “Royalty is not a tax. Royalty…