India Passes Bill to Streamline Mineral Taxation
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Insights by Echo AI
The Indian Parliament has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, aiming to create a more predictable and stable framework for mineral taxation. The bill seeks to reduce the number of taxes and charges on mining operations, while safeguarding state revenues and supporting a sustainable mining sector. The bill has been criticized by some states, particularly Odisha, which argues that it infringes on their fiscal autonomy and could lead to significant revenue losses.
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