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Aug 13, 2026

India parliament passes bill curbing states' power to tax mining

India's parliament has passed a mining amendment bill that limits states' taxation powers over mining operations. Union Minister G. Kishan Reddy defended the legislation, stating it does not impinge upon states' rights.

Aug 13, 2026·2 sources
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Top claims

  • ▪Indian government officials stated that India is expected to establish its first coal exchange within eight to nine months from August 2026.
  • ▪The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, allows the Indian federal government to set conditions and limits on taxes and other levies imposed on mining.
  • ▪The Rajya Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, through a voice vote on August 13, 2026.

Subtopics

Tax reformCritical minerals & resource security

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