TAX BONANZA FOR MINERAL STATES
The New Indian Express|August 15, 2024
They can claim dues retrospectively from 2005: SC
SUCHITRA KALYAN MOHANTY

IN a boost to mineral-rich states but a major setback to mining companies and the Centre, the Supreme Court on Wednesday said that its July 25 judgment granting states the power to tax mineral rights and mineral-bearing land would apply retrospectively. The order empowers mining states such as Odisha, Jharkhand, and Chhattisgarh to recover royalty and tax dues on mineral rights and mineral-bearing lands worth thousands of crores of rupees with effect from April 1, 2005 from mining companies as well as the Central government.

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