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circular for rate of royalty for mining line

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  • DMF outgo 30% of royalty; just 10% for new miners

    The Minerals (Development and Regulation) Act, last amended in March, made auction mandatory for allocation of mines. It stipulated that existing miners must pay up to 100% of the royalty on the mineral as their contribution towards the DMF, while new allocatees will shell out up to a third of the royalty to boost the respective DMFs.

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  • Ad valorem royalty for coal mining under study Business Line

    Plans are afoot to replace the existing weight-specific royalty system with an ad valorem rate of royalty. To examine the specific issues linked with the transition from one system to another, the Government last week set up a study group headed by the Additional Secretary of the Ministry of Coal and other senior Government officials.

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  • 2016 Instructions for Schedule C (2016) Internal

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  • Tax Laws & Rules > Circulars & Notifications > Circulars

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