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Supreme Court Upholds Right Of States To levy Royalty On Mineral Tax
onmynews.com

Supreme Court Upholds Right Of States To levy Royalty On Mineral Tax

The Supreme Court on Thursday upheld state governments’ right to levy royalty on mineral-bearing land, reasoning they had competence and power to do so. This will benefit mineral-rich states like Odisha, Jharkhand, Bengal, Chhattisgarh, Madhya Pradesh, and Rajasthan.

The landmark 8:1 verdict was delivered by a bench led by Chief Justice DY Chandrachud, which ruled ‘royalty’ is not the same as ‘tax’; Justice BV Nagarathna delivered the dissenting verdict.

Justice Nagarathna said allowing states to tax mineral rights would lead to “unhealthy competition between states to derive revenue… the national market could be exploited… this would lead to a breakdown of the federal system, in the context of mineral development”.

Minutes earlier the majority verdict said “royalty is a contractual (consideration) paid by lessee to lessor” and that Parliament “does not have power to tax mineral rights under Entry 50, List I”.

The eight-judge verdict said there is no provision in the MMDR (the Mines and Minerals (Development and Regulation) Act) that “imposes limitations on state to tax minerals”.

“We hold that both royalty and debt rent don’t fulfil the ingredients of tax,” the Chief Justice said.

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‘Devendra Fadnavis pressured me to file false affidavits against Thackerays’
onmynews.com

‘Devendra Fadnavis pressured me to file false affidavits against Thackerays’

Anil Deshmukh, ex-Maharashtra home minister, alleged that Deputy CM Devendra Fadnavis pressured him into filing false affidavits against MVA leaders to destabilize the government. Deshmukh claimed offers were made to halt probes against him. Fadnavis denied the allegations, indicating he possesses incriminating evidence and warning to disclose it if the accusations continue.

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Olympics: Will India go past historic Tokyo medal haul in Paris?
onmynews.com

Olympics: Will India go past historic Tokyo medal haul in Paris?

Apart from the wrestlers, who have endured a tumultuous lead-up to the event, athletes across all disciplines have expressed satisfaction with their preparations. The meticulous planning has been instrumental in honing their skills. However, the lingering question remains: will the dedication, well-crafted strategies, and unwavering support from the nation translate into a shower of medals for India?

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