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New Delhi: Centre Seeks To Curb States’ Power To Collect Levy From Mines
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Against this backdrop, coal and mines minister G. Kishan Reddy introduced the Bill on Monday amid protests by Opposition members over various issues.
The Bill states that “no tax, cess or such other levy (by whatever name called) shall be imposed by the state government on mineral rights”.
The provisions would also apply to mineral-bearing lands, whether based on mineral quantity, mineral value, royalty or otherwise, except in accordance with conditions or restrictions prescribed by the Central government.
The Bill seeks to bring mineral-bearing lands with mineral contents meeting the parameters prescribed under the MMDR Act under Central regulation.
Kishan Reddy said uneven taxation of mineral rights and mineral-bearing lands by state governments in the absence of reasonable limitations had resulted in various issues.