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The Economic Times

Economy / The Economic Times

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Govt introduces bill in LS to restrict state taxes on mineral rights

The Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich areas. This legislation seeks to ensure a consistent fiscal framework for mineral resources across different states. Despite the government's justification focusing on economic investment and efficiency, members of the opposition expressed significant concerns regarding the erosion of federal principles inherent in such changes.

10 Aug 2026 2:25 pm