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The Economic Times

GCCI seeks urgent review of Supreme Court's mineral taxation ruling

The Goa Chamber of Commerce and Industries (GCCI) has called for a review of the Supreme Court's mineral taxation ruling, citing concerns over increased mining costs. They argue that higher costs could lead to inflation in essential commodities like steel, power, and cement, impacting the entire economy.

The Economic Times

Mineral royalty ruling an error: Govt says verdict ignored macroeconomic impact of minerals as key resource

The Supreme Court's decision to allow states to levy taxes on mineral-bearing land has been challenged by the Centre. The Centre argues that varied state taxes could drive up prices and impact industries dependent on minerals, such as power and steel. They seek a uniform national levy system for mineral development.

The Economic Times

Centre seeks review of SC's mineral royalty judgment, points out 'apparent errors'

The Centre is seeking a review of the Supreme Court's decision allowing states to collect royalty and tax on mineral-bearing land. The ruling, which could have significant financial implications for public sector undertakings and private industries, has prompted the Centre to argue that retrospective application would be burdensome.