Search For "mineral bearing"
Fitch says Indian mining companies face margin risk after Supreme Court ru
Updated : 1 year, 9 months ago IST
On August 14, the Supreme Court ruled that mineral-rich states can collect past dues on royalty and taxes on mines and mineral-bearing land from April 1, 2005, from both the Centre and mining lease holders
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SC says states can recover past tax dues on mining from April 1, 2005
Updated : 1 year, 9 months ago IST
Supreme Court on Wednesday directed that mineral rich States can collect past dues on royalty and tax on mines and mineral bearing land from April 1, 2005, from Centre and mining lease holders.
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SC reserves order on whether Centre has to refund royalty levied by it on
Updated : 1 year, 10 months ago IST
Solicitor General Tushar Mehta, appearing for the Centre argued that making the July 25 verdict retrospective will have cascading effects on prices and ultimately the common man would bear the brunt, as almost all industries are dependent on minerals.
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States have power to levy tax on mines, minerals bearing lands; royalty no
Updated : 1 year, 10 months ago IST
A nine-judge Constitution bench of Supreme Court on Thursday held that states have the power to levy taxes on mines and mineral-bearing lands under the Constitution.
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Rajya Sabha passes Bill to provide fixed 50-year production lease for offs
Updated : 2 years, 10 months ago IST
The Rajya Sabha on Thursday passed the Offshore Areas Minerals (Development and Regulation) Amendment Bill, 2023 to provide a fixed 50-year production lease for offshore minerals.
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Odisha govt approves projects worth Rs Rs 640.55 crore under OMBADC
Updated : 4 years, 8 months ago IST
Bhubaneswar (Odisha) [India], September 21 (ANI): The projects worth Rs 640.55 cr were approved under Odisha Mineral Bearing Areas Development Corporation (OMBADC) in the sectors of the development of secondary schools, environmental monitoring and sports development in urban local bodies
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Odisha: 15 new projects worth Rs 3,210 cr approved under OMBADC
Updated : 5 years, 5 months ago IST
Bhubaneswar (Odisha) [India], December 25 (ANI): The Oversight Authority under the Chairmanship of Justice AK Patnaik has approved 15 new projects worth an estimated Rs 3,210 crore under OMBADC and expressed satisfaction over the quality and progress of the projects being implemented with Od
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Odisha govt sets timeline for completion of projects under OMBADC
Updated : 5 years, 5 months ago IST
Bhubaneswar (Odisha) [India], December 22 (ANI): Chief Secretary Asit Tripathy on Monday reviewed the status of the projects under the Odisha Mineral Bearing Areas Development Corporation (OMBADC) and directed concerned administrative departments to ensure quality monitoring of the projects
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Odisha to develop Centres of Excellence for skill, technical education in
Updated : 5 years, 8 months ago IST
Bhubaneswar (Odisha) [India], September 20 (ANI): The Odisha government has initiated the process for developing technical institutions like ITIs and polytechnics to Centres of Excellence (CoEs) in the Odisha Mineral Bearing Areas Development Corporation (OMBADC) area.
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Odisha: SC constituted committee to review OMBADC funds utilisation
Updated : 6 years, 7 months ago IST
Bhubaneswar (Odisha) [India], Oct 30 (ANI): The Central Empowered Committee (CEC) on Odisha Mineral Bearing Areas Development Corporation (OMBADC) constituted by the Supreme Court on Tuesday reviewed the status of the projects with state Chief Secretary Asit Tripathy and other officials in L
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