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Home World India

Centre fights back in minerals case: Seeks SC review on state powers to tax minerals, warns of ‘big economic fallout’

12 September 2024
in India
0
Centre fights back in minerals case: Seeks SC review on state powers to tax minerals, warns of ‘big economic fallout’
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The Narendra Modi-led central government has sought a review of a Supreme Court judgment upholding states’ authority to impose royalties on mineral extraction and taxes on land with mines. The ruling, passed with an 8:1 majority, affirmed state powers over the Centre and contradicted previous interpretations favoring the Centre. The move highlights a shift in power dynamics between the Centre and states in mineral resource management.

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Tags: BigcaseCentreEconomicFalloutfightsmineralspowersReviewseeksstateTaxWarns
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