India's Supreme Court reserves verdict on whether royalty on minerals is a tax and states can levy extra taxes under the Mines and Minerals Act 1957.
India's Supreme Court has reserved its verdict on the long-standing debate over whether royalty on minerals is a tax and if states can levy additional taxes on top of central government-imposed ones. The ruling concerns the Mines and Minerals (Development and Regulation) Act 1957 and addresses whether the power to impose taxes on mineral rights lies with the Union government or states. The court is reviewing previous judgments and considering the nature and scope of royalty and the powers of states under specific entries in the Indian Constitution.
March 14, 2024
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