
Indian Parliament Passes Bill Restricting States' Mineral Tax Powers
The Indian Parliament has passed a bill that restricts states' powers to tax minerals, despite protests from some regions. The legislation, approved by both the Lok Sabha and Rajya Sabha, aims to centralize control over mineral taxation.
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Lok Sabha passes bill restricting states’ power to tax minerals amid protests
The bill, which amends the Mines and Minerals (development and regulation) Act, 1957, was introduced on Monday by minister of coal and mines G Kishan Reddy.
Read full article →Rajya Sabha Passes Bill To Curb States' Tax Powers On Minerals
The Lok Sabha had passed the bill on Wednesday, while the Rajya Sabha cleared it on Thursday, completing the parliamentary approval process.
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