New Delhi: Today, 20th March, The Central Government has informed the Supreme Court that it is working to settle the long-standing issue of royalty and tax dues related to mineral rights and mineral-rich lands. This dispute involves the Centre and several mineral-rich states, including Jharkhand, which are seeking to recover dues worth thousands of crores from the government and mining companies.
Today(11th Sept),The Supreme Court of India will form a special bench to address pleas from mineral-rich states like Jharkhand seeking recovery of royalty and tax dues from the Centre and mining firms. This follows a July 25 ruling affirming that states, not Parliament, hold the power to tax mineral rights.
