State Mineral Land Tax
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"Breakdown Of Federal System...": Judge's Dissenting Verdict On Mineral Tax
In a dissenting verdict, Supreme Court judge Justice BV Nagarathna on Thursday said if the power to levy taxes on mineral resources are given to the states, there would be "breakdown of the federal system" as they would compete among themselves.
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In 8:1 Verdict, Supreme Court Upholds States' Rights On Mineral Tax Royalty
The Supreme Court on Thursday upheld states' right to levy royalty on mineral-bearing land, reasoning they had competence and power to do so; this will benefit mineral-rich states like Odisha, Jharkhand, Bengal, Chhattisgarh, Madhya Pradesh.
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"Breakdown Of Federal System...": Judge's Dissenting Verdict On Mineral Tax
In a dissenting verdict, Supreme Court judge Justice BV Nagarathna on Thursday said if the power to levy taxes on mineral resources are given to the states, there would be "breakdown of the federal system" as they would compete among themselves.
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In 8:1 Verdict, Supreme Court Upholds States' Rights On Mineral Tax Royalty
The Supreme Court on Thursday upheld states' right to levy royalty on mineral-bearing land, reasoning they had competence and power to do so; this will benefit mineral-rich states like Odisha, Jharkhand, Bengal, Chhattisgarh, Madhya Pradesh.
