Mining companies stare at 1.5 lakh crore hit from SC's retro tax order

Q: How long will it take to read this news story?

The story "Mining companies stare at 1.5 lakh crore hit from SC&#039;s retro tax order" has 624 words across 27 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Mining companies stare at 1.5 lakh crore hit from SC&#039;s retro tax order" was covered 11 hours ago by Times of India, a news publisher based in India.

Q: How trustworthy is 'Times of India' news outlet?

Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news. The outlet is headquartered in India and publishes an average of 15 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22082001</li><li>URL: https://beamstart.com/news/mining-companies-stare-at-15-17236815202083</li></ul>

Times of India 11h ago

Mining companies stare at 1.5 lakh crore hit from SC's retro tax order - Times of India

Quick Summary:

Public and private mining companies in India faced Rs 1.5 lakh crore arrears after the Supreme Court allowed states to collect royalty and tax on mineral-bearing land retrospectively from April 1, 2005.

This judgement has significant implications for sector investment prospects, bottomlines, and may lead to increased power tariffs as financial liabilities impact company expansions and operations.

Security forces neutralise one terrorist in ongoing operation in J&K's Doda78th Independence Day: Times when India showed the world its prowess in sports2.