Search For "royalty"
Rationalisation of royalty rates and auction of critical minerals blocks a
Updated : 1 year, 5 months ago IST
The Centre has brought amendments to rationalise the royalty rates and successfully auctioned 24 critical mineral blocks in four tranches, an effort to drive the economic growth, the Ministry of Mines stated in its year-end review-2024.
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Government has no plans to revise royalty on coal
Updated : 1 year, 5 months ago IST
The central government has no plan to revise the existing rate of royalty on coal, Minister of Coal and Mines G Kishan Reddy informed Rajya Sabha on Monday.
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IPRS Sustains its Position as the 4th Largest Society by Revenue in the As
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], October 29: The Indian Performing Right Society Limited (IPRS) continues to solidify its position as one of the top four revenue-generating societies in the Asia-Pacific region, as indicated by the recently released CISAC Global Collections Report 2024. The repo
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Face of India 2024 and Tycoon of Fashion Badal Saboo's Triumphant Return t
Updated : 1 year, 7 months ago IST
Pune (Maharashtra) [India], October 10: Fashion royalty reigns supreme once again, as Badal Saboo, the visionary Chairman of Pune Fashion Week, makes his highly anticipated return to the world of fashion in Pune with Face of India 2024, a glittering spectacle that rocked the runway at The We
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SC dismisses review pleas on allowing states to levy tax on minerals
Updated : 1 year, 8 months ago IST
The Supreme Court has dismissed petitions seeking to review the 9-judge bench judgement, which held that states have the power to levy tax on mines and minerals bearing lands under the Constitution and also ruled that royalty payable on extracted minerals is not a tax.
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Centre can lower royalties to minimise impact on mining companies post SC
Updated : 1 year, 9 months ago IST
Ever since the Supreme Court ruled that states can levy taxes on mining retrospectively from April 1, 2005, experts have been arguing that operating costs of Indian mining companies are likely to rise significantly post the apex court ruling.
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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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e& and du paid AED 3.54 billion in federal royalty to UAE government in H1
Updated : 1 year, 10 months ago IST
UAE telecom operators e& and Emirates Integrated Telecommunications Company P.J.S.C. (du) have paid AED 3.54 billion in federal royalty to the UAE government during the first half the current year compared to AED 3.73 billion in the same period of 2023 under the Ministry of Finance's
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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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BJD MP Sasmit Patra demands revision of coal royalty for Odisha
Updated : 1 year, 10 months ago IST
Sasmit Patra, Rajya Sabha member from Biju Janata Dal, on Monday demanded from the central government a revision in coal royalty for his state Odisha.
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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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