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Tag: supreme court verdict tax on mineral rights

Nine-judge Supreme Court bench upholds right of states to levy royalty on mineral tax

Posted on July 25, 2024 By admin
Nine-judge Supreme Court bench upholds right of states to levy royalty on mineral tax

A nine-judge Constitution bench headed by Chief Justice DY Chandrachud heard the case (File). New Delhi: The Supreme Court on Thursday upheld state governments’ right to levy royalty on mineral-bearing land, reasoning they had competence and power to do so. This will benefit mineral-rich states like Odisha, Jharkhand, Bengal, Chhattisgarh, Madhya Pradesh, and Rajasthan. The…

Read More “Nine-judge Supreme Court bench upholds right of states to levy royalty on mineral tax” »

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