Language ଓଡିଆ


Odisha seeks revision of coal royalty

Odisha seeks revision of coal royalty

 Published : The New Indian Express



Odisha reiterated its demand for revision of coal royalty and compensation for the loss of Central Sales Tax which was phased out for implementation of Goods and Services Tax (GST).“The current royalty rate on coal is 14 percent ad valorem and this has not been revised through Ministry of Coal has constituted a study group to consider revision of royalty on coal on July 21, 2014. The royalty on coal was last revised in 2012,’’ Finance Minister Pradip Amat said at the pre-budget consultation meeting convened by Union Finance Minister Arun Jaitley in New Delhi.

Other News