Parliament passes Mines and Minerals Amendment Bill, Kishan Reddy says states won’t lose mineral revenue

Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, on Thursday. The bill prohibits states from imposing specific levies on mineral rights unless authorized by the Centre. Union Mines Minister G Kishan Reddy assured that states would not face revenue loss, despite previous Supreme Court rulings supporting state taxation on mineral rights.

Read the source (Indian Express Business)

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