AA Edit | Mineral Rights Bill: Consult States

According to a nine-judge bench of the Supreme Court, royalty is not a tax, and it is a contractual and financial consideration paid by a lessee to a lessor for the privilege of removing minerals, not a compulsory exaction or tax. This bill, however, states that “no tax, cess or such other levy (by whatever name called) shall be imposed by the state government on mineral rights”