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Mineral Royalty
You Searched For "Mineral Royalty"
India
SC allows states to collect past mineral royalties from Centre
The nine-judge Constitution bench, led by Chief Justice DY Chandrachud, addressed the contentious issue of whether the July 25 ruling should have retrospective or prospective effect. The court ruled that states can retroactively collect royalties and taxes, with payments to be staggered over 12 years, starting from April 1, 2026.
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14 Aug 2024 7:30 AM GMT
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