News & Media 31st Jul 2024
Where do mining companies, user industries that buy minerals or have captive mines and their investors stand, after the SC ruled that states can levy a tax on mineral rights? The Union government and the industry had opposed this imposition in the SC, claiming among other things, that only the centre had the right to levy a tax on mineral rights.
Against this backdrop, Gopal Mundhra has been quoted in an article, “SC judgement allowing states to tax mineral rights poses risk to industry” written by Ravi Ananthanarayanan published in Moneycontrol.
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