The contentious issue of taxation rights on minerals has brought the Centre and mineral-rich states at loggerheads. The Supreme Court is currently hearing a case to ascertain whether states can impose taxes on mineral-bearing land, a proposition vehemently contested by the central government.

       At stake is revenue from mining, and data on royalties garnered by states for major minerals during a five-year period crossed Rs 1 trillion (see chart).

       The Centre has argued that the royalty fixed under the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957, gives uniformity in taxes for all states, and granting states unrestricted taxing

       Also Read

       First tranche auction of critical and strategic minerals to start on Nov 29

       Centre launches 2nd round of critical mineral auction worth Rs 30 trillion

       100 critical mineral blocks to be auctioned before Feb 2024: Mines minister

       Potential bidders set to get three chances in offshore mineral auction

       Govt to launch first-ever auction of critical mineral blocks on Wednesday

       EAM S Jaishankar's Japan, Korea visits to focus on semiconductor push

       Decoded: Differences remain amid some headway at WTO ministerial conference

       Majority of users to stop using UPI if it attracts transaction fee: Report

       PM Narendra Modi flags off first crude oil tanker from ONGC's KG project

       National pension system added 21.5% fewer corporate subscribers in 2023