New bill grants Centre more authority over mining taxes: Report
According to a CNBC-TV18 report, the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, aims to increase federal supervision regarding taxes and cess imposed by states on mineral-rich land and mining rights. The legislation suggests wiping out past tax demands that remain uncollected and re-evaluating regulations concerning cess in the mining industry. These changes apply to essential minerals, including graphite, lithium, nickel, cobalt, and rare earth elements.