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Karnataka’s new minerals tax stumps iron ore mining companies
A proposed legislative bill in Karnataka could triple the tax burden on miners operating pre-auction era iron ore mines, potentially squeezing their margins and triggering ripple effects on steel ...
The Hindu8d
Governor refers Mineral Rights and Mineral Bearing Tax Bill for President’s assent
Karnataka Governor Thaawarchand Gehlot has referred the Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill, 2024, which proposes taxes on mineral-bearing land and mineral rights ...
Deccan Herald8d
Karnataka Governor sends Bill to tax minerals for Presidential nod
Passed during the Belagavi session of the legislature in December, the Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill allows the government to levy taxes, with retrospective effect ...
The New Indian Express8d
Karnataka governor Thaawarchand Gehlot sends Mineral Rights Bill to President
BENGALURU: The state government, which was expecting to generate around Rs 4,700 crore by passing the Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill, 2024, might be disappointed.