Centre Files Curative Petition Challenging Mineral Tax Verdict

The Centre has filed a curative petition against the Supreme Court’s 2024 verdict giving States exclusive rights to tax minerals. Requires to be seen if the Honble SC accepts the maintainability of the same. At stake is the delicate balance of Centre-State fiscal powers over natural resources. For industry, the outcome could redefine royalties, liabilities, and investment certainty in the mining sector. J the App by JustIDT examines the various contours.