supreme court rules: mining royalty not considered a tax

Mining

Supreme Court On Mining Tax: Setback For Indian Mining Players, States Can Tax With Retro Effect!

Supreme Court ruling on mining tax is a setback for Indian mining players as states can now impose taxes with retrospective effect. However, they can only recover past tax dues on mineral rights for the period after April 1, 2005. For more details, listen to ET NOW #etnow #miningtax #mining #taxation #supremecourt Subscribe To ET Now For Latest Updates On…